Greater Freehold, NJ Area CPA Practice for Sale
Asking Price: | $595,000 |
Gross Revenue: | $460,000 |
Cash Flow: | $285,000 |
Established Year: | 2009 |
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.