$530,000 CPA Practice only 25% Tax Prep Great Cash Flow Listing IN3064
Asking Price: | $600,000 |
Cash Flow: | $175,000 |
Practice Details: Outstanding Write Up practice not far from the University of Notre Dame. Gross revenues were about $530,000 in 2023 with write ups at 60%, tax prep 25%, and payroll at 15%. No audits, reviews, or compilations. Staff is 3 FT, 2 PT. CPA owner plus 1 other accountant and two bookkeepers. Nice practice, many buyers looking for a good write up practice.
Owners Cash Flow: $175,000
Revenue breakdown: Individual and Business tax: 25%, Write up: 60%
Facilities: 3 offices + reception area with 6 total rooms = 1700 sq feet, rent is $1500 monthly, triple net
Furniture and Equipment: all computers, desks, file cabinets, and server phone system come with the practice.
Staff: 1 CPA owner + staff of 5, 3 FT & 2 PT
Software: Thomson SAAS, Ultratax, Windows