Santa Fe, NM CPA Practice for Sale
Asking Price: | $430,000 |
Established Year: | 2004 |
Gross Revenue: | $390,000 |
This profitable and growing CPA practice for sale in Santa Fe, NM has annual gross revenues of approximately $390,000. Located in one of New Mexico's most desirable and affluent communities, this is the perfect size for any CPA looking to step into practice ownership or expand into the Santa Fe area. Approximately 75% of the income is derived from profitable tax work with the remainder from monthly/quarterly accounting services, which generate year-round income. The practice caters to a quality client base, including many businesses that should continue to provide referrals and opportunities for expanding services. It boasts a very strong fee structure, yielding solid cash flow to the owner of more than 60% of gross income. This is truly an ideal opportunity for an existing firm in the area looking to expand and add a profitable book of business or an individual CPA ready to transition into practice ownership.