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Listing Number Location Annual Gross Asking Price Status
TXN1462 Northwest Plano $366,000 $475,000 1 New

Description:

The CPA Practice located in Plano, TX has annual gross revenues of approximately $366,000.  Located in one of the most desirable, affluent, and growing areas of the DFW Metroplex, this practice caters to a high-quality client base, boasts a strong fee structure, and should provide cash flow to owner in excess of 60% of gross. Revenues are nicely balanced between fixed fee monthly services (31%), annual accounting (24%), tax preparation for businesses and individuals (38%), and other services. The client base, composed predominately of businesses and business owners, should continue to offer opportunities for expansion of services; in fact, some of the annual clients have already expressed a desire for monthly services. The size of the practice makes it ideal for an individual CPA starting out in practice or another firm seeking expansion. Further, since most of the clients utilize a portal to submit and receive information, the practice is not closely tied to the location and should be portable to any office within a reasonable radius of the current office.

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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