Listing Number Location Annual Gross Asking Price Status
MA1071 Upper Cape Area $194,000 $261,900 Sold

Description:

This Upper Cape Area, MA CPA practice has gross revenues to be sold of approximately $190,000, comprised of 84% individual returns, averaging $500/return.  The excellent fee structure leads to an extremely high cash flow, around 70%, potentially more for part-time work for the owner.  While the clients are used to the location, the office is set up where most of the work is mailed in or sent via a portal with minimal face-to-face interaction. The buyer should be a CPA with good experience in business consulting, tax preparation and planning, but also have the capability to provide the occasional compilation or review as sometimes needed.  Although there are no employees, the seller is available to assist with a short transition, if needed.  This is the ideal opportunity for an experienced CPA looking to jumpstart a practice.  The practice is primed for growth with plenty of time to spare for an owner during the year.

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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