Description:
- Single-owner CPA practice - Stable, long-term revenue base with moderate annual growth - 74% Tax Prep (64% Individual; 33% Business; 3% Other); 24% Bookkeeping/Payroll; 2% Other - Cash flow to owner before potentially duplicate expenses is 40% of gross revenue - Practice utilizes Ultra Tax and Quickbooks - One full-time & two part-time professional employees; one FTE administrative employee - Seller owns office building and is open to leasing or selling to new practice owner - Owner is looking forward to retirement after a long, successful career - Owner anticipates assisting buyer through an appropriate transition period to maximize knowledge transfer and client retention