Albuquerque, NM CPA Practice for Sale
Asking Price: | $690,000 |
Gross Revenue: | $726,000 |
Cash Flow: | $379,580 |
Established Year: | 2001 |
This well-respected CPA Practice is located in an affluent, desirable area in Albuquerque, NM and generates annual gross revenues of approximately $726,000. The practice caters to a premier client base of high net worth individuals, businesses, and professionals and prides themselves on their exceptional service to their clients as well as the care and attention they invest in client relationships. Revenues are concentrated in profitable tax services, which make up about 75% of total income. However, the firm also provides some bookkeeping, payroll, and business valuation, and other services that generate more year-round income. The practice boasts a strong fee structure and generates solid cash flow to owners of 55% of gross income.
There is experienced staff in place and one or both principals will be available to assist in a smooth transition and provide capacity for continued growth. This first-rate opportunity is ideal for a seasoned CPA to become a part of a thriving, turn-key firm poised for future growth. It would also be an excellent addition for a larger firm looking to expand their existing business in a growing market.
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