$2.8M CPA Practice in Northern VA VA2063

Spotsylvania County, VA
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Asking Price:$2,500,000
Gross Revenue:$2,800,000
BUSINESS DESCRIPTION

Practice Details: Check out this outstanding practice located near our nation’s capital in town of 30,000. Begun over 70 years ago, this prestigious firm has a staff of 19 with extensive experience and partners willing to stay as long as needed. This is an excellent opportunity for the right buyer.

Annual Revenue:      $2.8 million

Owners Cash Flow:   $400,000

Revenue breakdown:  

Individual and Business tax: $1.7 mil

Write up: $400K

Audits & Reviews = $450K

Facilities: nicely located office is 6600 sq feet, rent about $8500 per month, monthly lease, assumable, triple net. Also has 3 big conference rooms, 3 bathrooms, and a copy room. Sellers are open to possibly selling the building.

Furniture and Equipment: a total of 17 workstations fully equipped with desks, chairs, file cabinets plus computers, servers and phone system. Workstations are set up for remote access.

Staff: Staff of 19 plus 2 partners, partners willing to stay on as long as needed to complete smooth transition. Staff has many years of experience and many have non-competes.

Software: QUICKBOOKS, ACS, ACCOUNTING CS, CCH PROSYS FX. OFFICE = MS OFFICE, CCH PRACTICE MANG, WINDOWS 10 PRO


DETAILED INFORMATION
Location
Spotsylvania County, VA
Inventory
Not Included in asking price
Real Estate
Leased
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Willow Whitney
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Willow Whitney