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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.
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