Listing Number Location Annual Gross Asking Price Status
AL1044 Gulf Shores (CPA) $127,000 $130,000 Sold

Description:

• This CPA practice has grown steadily in recent years
• Stellar retention rate
• Estimated 2017 gross revenue and cash flow are $130,000 and $95,000, respectively
• Year-round revenue pattern makes this a great practice to acquire any time of the year
• Collections by quarter: Q1 – 27%; Q2 – 29%; Q3 – 25%; Q4 – 19%
• Outstanding cash flow (83% of gross in 2016)
• Located in the desirable Alabama Gulf Coast area of Baldwin County
• The owner is willing to assist with the transition, including working for the buyer next tax season, which should facilitate client retention

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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