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.