Central Maine (Kennebuc County) near Augusta CPA Practice for Sale

Kennebec County, ME
listing image
Asking Price:$280,000
Gross Revenue:$280,000
Cash Flow:$160,000
BUSINESS DESCRIPTION

• Accounting and tax (CPA) practice for sale in Kennebec County, Maine within commuting distance of Augusta, Auburn, and Lewiston
• Revenues are comprised of accounting (approximately 8%) and tax services for individuals (36%) and business / other entities (56%)
• Current year gross revenues are estimated to be approximately $280,000, and cash flow is strong at approximately $160,000 (57%)
• Good fee structure with average return fees of about $375 for individuals and $1,250 for business entities
• Software in use includes UltraTax by Thomson Reuters
• The owner is open to working for Buyer after closing, which should ensure a seamless transition and optimal client retention
• Some seller financing available for a qualfiied buyer


DETAILED INFORMATION
Location
Kennebec County, ME
Inventory
Not Included in asking price
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Lori Newcomer
Accounting Practice Sales
Lori Newcomer