McKinney, Texas CPA Practice
| Listing Number | Location | Annual Gross | Asking Price | Status |
| TXN1194 | McKinney | $108,000 | $135,000 | Sold |
Description:
This growing CPA practice, located in one of the most desirable areas in the DFW Metroplex, has a quality client base composed primarily of small businesses. Revenues are nicely mixed between bookkeeping (50%), payroll (20%) and tax preparation (30%) to provide year round income. We believe that this practice has tremendous growth potential. It is a unique situation where the current owner is only working minimal hours, approximately 3 hours/week, because of a separate job and is not able to offer the expanded services he could otherwise. However, given the large number of business clients, an owner working full-time should be able to immediately grow the practice simply by providing more services to the existing client base. There is also a great staff in place that would provide the capacity for rapid growth. Additionally, since the clients are already set up to allow for their work to be completed online and most clients mail in information rather than visiting the office, a buyer will have the option to keep the practice at the current location or move it to a nearby office or home.
