Sale Pending -- South Plains Texas CPA Firm for Sale
Cash Flow: | $472,500 |
Established Year: | 1968 |
Gross Revenue: | $1,137,000 |
- Long-standing CPA practice with 2 owners
- 62% Tax Preparation (66% Individual and 34% Business returns); 38% Bookkeeping
- Cashflow to owner is 42% of gross revenue
- Practice utilizes Sage and Lacerte
- 3 FT Degreed Accountants that do tax preparation and write-up. 4 FT Non-Degreed Accountants that do tax preparation and write-up. 1 FT Office Assistant.
- Office space is owner-occupied; seller is open to selling or leasing space to new practice owner
- Owners are looking forward to retirement after long, successful careers
- Owners anticipate assisting buyer through an appropriate transition period to maximize knowledge transfer and client retention