Listing Number Location Annual Gross Asking Price Status
TXC1050 Austin $300,000 Sold

Description:

This is a well established CPA practice with a 35 year history located in the highly desirable northwest area of Austin, Texas. This is an ideal business for someone looking for a turn-key opportunity to jump start getting into their own practice. It’s also well positioned for an existing nearby firm to absorb as an expansion to their firm.
The gross revenues of $316,808 are comprised of approximately 81 percent tax preparation services, 15 percent accounting services including some payroll services, and one review which provides about 4 percent of the annual income. There are approximately 145 individual, 38 business and 29 other entity tax returns prepared. The accounting services are provided to 3 monthly and a limited number of annual clients.
The owner’s cash flow is quite good and an excellent opportunity to improve it exists. The staff assistants are willing to continue working for a new owner which will be a great asset in helping to assure a smooth transition of the client base. The seller will also provide transition support to help with client retention.
If you are ready for an opportunity such as this one – CALL TODAY!

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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