Greater Freehold, NJ Area CPA Practice for Sale

Monmouth County, NJ
APS photo
Sale Pending
Asking Price:$595,000
Gross Revenue:$460,000
Cash Flow:$285,000
Established Year:2009
BUSINESS DESCRIPTION

This well-established CPA practice for sale is located in the Greater Freehold, NJ area and has annual gross revenues of approximately $460,000.  The practice serves a high-quality, loyal client base composed of many businesses, business owners, and individuals. Revenues are desirably balanced, nearly 50/50 between tax work and monthly/quarterly bookkeeping services, to generate steady, year-round income with about 70% of the total income generated from businesses. The practice has a strong fee structure and yields excellent cash flow to owner of about 60% of gross income. 
This is an excellent, turn-key opportunity for a seasoned CPA looking to step into practice ownership or would be a profitable addition for an established firm looking to expand with quality clients. The seller is also available to assist in transition up to a year (or longer as necessary) to help ensure a smooth transition.


DETAILED INFORMATION
Location
Monmouth County, NJ
Inventory
Not Included in asking price
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Bradley Holmes
Accounting Practice Sales
Bradley Holmes