Listing Number Location Annual Gross Asking Price Status
MD1056 Gaithersburg $178,000 $210,000 Sale Pending

Description:

This CPA Tax & Accounting practice for sale in Gaithersburg, MD has annual gross revenues to be sold of approximately $178,000. The practice enjoys a loyal client base, many of who have been with the firm for 20 plus years, and is almost exclusively made up of monthly write-up and tax returns of businesses and owners.  Revenues are nicely mixed between services to provide year-round cash flow, including 24% tax preparation and 76% accounting services. There is a solid fee structure in place generating good cash flow to owner over 40%. The vast majority of clients reside within the community, so the ideal buyer will already have or be willing to maintain an office in the local service area. As the practice is currently operated from a home office, it is somewhat portable and should easily be combined to reduce overhead even more and generate additional cash flow.  Both the seller and the long-term employee are available to assist with transition if desired.  This is a great starter practice for an individual buyer or a nice addition to an existing firm in the area with extra capacity.

To obtain additional information on this practice go to Request More Information and register with broker. You can also be placed on a free listing notification list. Not all information is included above due to confidentiality concerns. The information is provided by sellers and has not been audited or verified by Accounting Practice Sales, Inc. or any of its independent brokers. Buyers are responsible for their own due diligence before buying any practice. Buying and operating a tax or accounting practice involves a certain amount of risk and requires business experience and professional skills.

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