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Listing Number Location Annual Gross Asking Price Status
MD1058 Annapolis - (Price Reduced) $125,000 $160,000 Available

Description:

This CPA Tax & Accounting practice for sale in Annapolis, MD with revenues to be sold of approximately $125,000 is back on the market and now being offered at a reduced price in hopes of completing a sale before the end of the year, which if closing before tax season will give a quick return on a buyer’s investment..  Revenues are mostly from tax work (90%), but there is some accounting services (10%) to help boost year-round income.  The practice enjoys a quality client base that includes a good amount of business clients, which should offer plenty of opportunities for expansion of services and continued growth through referrals.  There is a good fee structure in place, and with minimal overhead expenses, the firm generates strong cash flow to owner around 75% of gross. Although there are no employees transferring with the sale, the owner is available to assist with transition if desired.  This is a perfect opportunity for an experienced accountant ready to jump into practice ownership with an established book of business or an easy and profitable addition for an established practice looking to expand.

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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