Description:
This well-established CPA practice for sale in Bountiful, Utah has annual gross revenues of approximately $77,000. The practice serves a high-quality client base that includes a good number of businesses as well as loyal individuals. Revenues are nicely balance between services to provide year-round income, with 54% from income tax preparation, 34% from accounting, and 12% from payroll tax preparation. The practice has a strong fee structure and yields excellent cash flow to owner of about 70% of gross income. Although the current owner has been scaling back in anticipation of retirement, the client base should generate referrals and offer opportunities for expanding services. This manageable and highly profitable book of business is perfect for anyone interested in starting or expanding a CPA practice in this growing, desirable community.