Description:
This well-established CPA practice does approximately $157,500 in gross revenue. The firm is located in the booming SLC Metro area and serves a loyal client base, including a good mix between individuals and businesses, which should continue to provide referrals and opportunities for expansion of services. It is a profitable practice that boasts a strong fee structure and yields cash flow to owner of about 70% of gross income. Revenues are derived 85% from tax work, with about 40% from businesses, and 15% from audit and review work. The seller is also willing to separate the audit and review work and to sell the tax portion only if desired. A practice this size would be a wonderful addition to an existing firm looking to add quality clients or a great started practice for an individual CPA ready to establish his or her own firm.