Utah CPA Practice for Sale
SOLD
Listing #: UT1045
Location:
Type:
Annual Revenue: $200,000
Asking Price: $200,000
Presented by: |
The Holmes Group |
Toll-Free: 800-397-0249 |
Description:
This unique CPA practice for sale in Utah has annual gross revenues of approximately $200,000. Although physically located in the St. George, Utah area, the practice serves a diverse and loyal group of clients located through the United States, but primarily within Utah and Arizona. The clients are accustomed to being serviced remotely from a •œvirtual office"Â, and could realistically be transitioned to, and could be well-served by, an accountant located in Southwest Utah or elsewhere in Utah or Arizona. The practice caters to a high-quality client base composed, in large part, of businesses and business owners. Revenues are desirably mixed between tax work (53%) and accounting services (47%) to provide steady year-round income; and more than 70% of the total revenues are generated from business clients, which should provide ample opportunities for further expansion of services. There is a strong fee structure in place, and with minimal overhead expenses, the firm generates strong cash flow to owner of approximately 60% of gross. This is the perfect-sized opportunity for an individual CPA ready for practice ownership or an easy, profitable addition for another established firm.
This unique CPA practice for sale in Utah has annual gross revenues of approximately $200,000. Although physically located in the St. George, Utah area, the practice serves a diverse and loyal group of clients located through the United States, but primarily within Utah and Arizona. The clients are accustomed to being serviced remotely from a •œvirtual office"Â, and could realistically be transitioned to, and could be well-served by, an accountant located in Southwest Utah or elsewhere in Utah or Arizona. The practice caters to a high-quality client base composed, in large part, of businesses and business owners. Revenues are desirably mixed between tax work (53%) and accounting services (47%) to provide steady year-round income; and more than 70% of the total revenues are generated from business clients, which should provide ample opportunities for further expansion of services. There is a strong fee structure in place, and with minimal overhead expenses, the firm generates strong cash flow to owner of approximately 60% of gross. This is the perfect-sized opportunity for an individual CPA ready for practice ownership or an easy, profitable addition for another established firm.
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