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Coeur d'Alene CPA Practice

Listing Number Location Annual Gross Asking Price Status
ID1012 Coeur d'Alene $155,000 $145,000 Sold

Description:

Priced at less than one times gross revenues, this Coeur d'Alene CPA practice is a steal.  This well-established, quality practice is composed primarily of income tax work, which makes up almost 70% of the business.  The remaining revenues are from compilations and reviews (20%) and payroll and consulting services (10%).  While the current owner has focused on tax preparation, the large number of clients, including many business clients, should offer plenty of opportunity for expansion of services.  This is a profitable practice with a solid fee structure that produces cash flow to owner of more than 55% of gross.  Located in a desirable area, with an experienced staff in place, this is a turn-key practice that would be the perfect size for a starter or add-on practice.

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