East Central Nebraska CPA Practice for Sale
Asking Price: | $1,110,000 |
Established Year: | 2001 |
Gross Revenue: | $928,000 |
This well-established and rapidly growing CPA firm is located in East Central Nebraska and has annual gross revenues of approximately $928,000. With over two decades of service, the firm has been a cornerstone of the local business community. Revenues are derived primarily from tax services (84%) and supplemented by monthly accounting (10%) and other services (7%) that help provide year-round work with about 50% of the total revenue coming from businesses. The practice has focused on profitable, desirable clients and boasts a strong fee structure. The cash flow reported reflects the owners’ part-time involvement in the practice as they have allocated a substantial amount of their time to their separate wealth management business.
There is a knowledgeable, capable staff available to assist a buyer in creating a smooth transition and provide capacity for growth. Located in a visible location with easy access, this is an excellent opportunity for a seasoned CPA to take over a thriving practice primed for growth, or a larger firm looking to establish or expand their footprint in eastern central Nebraska. Additionally, the owner is flexible and willing to work with the buyer through a reasonable transition period to help ensure a seamless transition.