Listing Number Location Annual Gross Asking Price Status
NM1064 Albuquerque $975,000 $975,000 Sale Pending

Description:

This well-established, reputable CPA practice for sale in Albuquerque, New Mexico has annual gross revenues of approximately $975,000.  The practice caters to a loyal, high-quality client base, composed predominately of businesses and business owners. The firm has a strong fee structure and is exceptionally profitable, generating cash flow to owner greater than 60% of gross revenues!  Revenues are very nicely balanced between accounting and tax services, with about 52% derived from monthly and quarterly accounting clients (inclusive of tax work). Further, approximately 30% of the income is generated from clients who pay a fixed monthly or quarterly fee for their bundled accounting, tax and consulting services.  These clients provide steady, dependable year-round income at robust profit margins. Located in a desirable area, with a knowledgeable staff in place, this practice is primed for a new owner, a smooth transition and continued, rapid growth. Also, the owner is flexible and would be willing to work with the buyer through an extended transition period, if desired.

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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