New Central Virginal CPA Practice for Sale Listing VA2066
Asking Price: | $1,000,000 |
Gross Revenue: | $1,000,000 |
Cash Flow: | $350,000 |
Rent: | $4,600/Month |
LISTING NUMBER VA2066
Geographic Location: CENTRAL VIRGINIA
Practice Details: Nice diverse CPA practice located in Central VA but not far from a major metro area. Gross revenues were just over $1 million in 2023 and were balanced between Tax prep (54%) and Write ups (27%) to provide year-round income. Will be a nice practice for a CPA that wishes to start their own firm or would make a profitable addition to another established firm looking to expand in this market.
List Price: $1,000,000
Annual Revenue: $1,000,000
Owners Cash Flow: $350,000
Revenue breakdown: Individual and Business tax: 54%, Write up: 27%, & Payroll 7%
Facilities: 12 offices + reception area + conf room = 4500 sq feet, rent is $4590 monthly
and triple net
Staff: 2 CPA owners + 2 accountants within staff of 7 FT
Software: QB, QBO, Acct CS, Caseware, Practice CS, Ultratax CS, Windows 10