1,050 owner hours-Exceptional Denver CPA Firm With Over 50% Cash Flow!
Asking Price: | $799,000 |
Gross Revenue: | $700,000 |
Cash Flow: | $350,000 |
Highlights:
-Excellent cash flow at over 50%
-Only 1,050 owner hours
-Strong projections
-Long term clients
This A-list practice has seen annual profit growth and is well known for its commitment to its clients and involvement in the Denver community. The firm makes sure that every client’s needs are satisfied by employing a team of skilled individuals that are adept at handling even the most difficult assignments.
With only 1,050 hours worked annually, the current owner has a balanced workload, while the firm fosters long-term, loyal client relationships. This firm, which is well-known in the Denver area, has steadily increased revenue year after year. Cash flow is expected to increase in 2024 and stay over 50%, conservatively. The current CPA on staff has excelled in business development after a CPA retired in 2023, and the team is still able to maintain good customer ties.
This firm sets the gold standard for in-depth accounting advice, strategic business consulting, and long-term relationships with clients. The firm is paperless, but some clients do still meet in person. Staff and owner have remote work capabilities. Clients are high-end professionals with a focus on real estate. They enjoy expert service and customized advice for their specific financial situation. Many of the clients have been with the firm for decades.
This firm currently does not do any marketing so there is a lot of opportunity to grow this firm in a booming market.
Ideal Buyer:
The ideal buyer will be a CPA with very good technical tax experience and knowledge. A CPA with big firm experience could really grow this boutique firm. A buyer will want to be involved in both the local community and the CPA community.
For more information please visit:
https://poegroupadvisors.com/practice/co2003/
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