Description:
* Single CPA owner of long-standing practice * Revenue growth potential is off-the-chart owner and employees work approximately 1,200 hours per year COMBINED * Established rate structure is extremely desirable * Cash flow to owner before discretionary and potentially duplicate expenses is a solid 67% of gross revenue. * Tax preparation is approximately 80% of revenue (205 +/- total returns; 130 +/- individuals; 75 +/- entities), with bookkeeping and consulting making up the balance. * One part-time employee interested in continuing with new owner * Nicely furnished office space, nearing end of lease offers flexibility to new owner * Owner looking forward to having more time for other pursuits; however, is interested in working with new owner to build revenue base for 1-2 years. .