Denton, TX CPA Practice for Sale
Asking Price: | $790,000 |
Gross Revenue: | $703,000 |
Cash Flow: | $462,600 |
Established Year: | 2015 |
This well-established and award-winning CPA practice for sale is located in Denton, TX and has annual gross revenue of approximately $703,000. The practice has earned an excellent reputation in the local area for providing superior tax and accounting services and caters to a high-quality client base, including numerous businesses and loyal individuals, which should continue to provide referrals and opportunities for expansion of services. Revenue is derived predominantly from profitable tax work (92%), supplemented by accounting and other services that help provide year-round income. About 50% of the total revenue is from business clients.
With a solid fee structure in place, the practice delivers strong cash flow to owner over 60% of gross revenue. The firm has shown consistent growth in recent years and is well-positioned for continued success. Located in a growing, desirable North Texas city, this thriving practice offers an ideal opportunity for a seasoned CPA ready to take over a profitable practice or for another established firm aiming to expand its footprint in the area.