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This CPA Tax & Accounting Practice available in the Bismarck Area has gross revenues of approximately $1,600,000. The practice consists of two partners of whom one is looking to sell their 2/3 portion of the business to a buyer and retire; otherwise, a buyer could purchase the entire business and keep the minority partner on for the foreseeable future. Revenues are nicely balanced between tax work (48%), audits/reviews (25%), accounting services (14%), with the remaining (14%) consisting of consulting, payroll, and miscellaneous services to provide year-round income. The practice is very profitable, with a strong fee structure generating good cash flow to owners over 50% of gross. The practice has also experienced consistent growth, especially in the last few years, increasing an average of 15% over the past two years.
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