Lincoln, NE CPA Practice for Sale
Asking Price: | $170,000 |
Gross Revenue: | $190,000 |
Cash Flow: | $91,500 |
Established Year: | 1999 |
This well-established, yet growing CPA practice for sale is located in Lincoln, NE and has annual gross revenues of approximately $190,000. The practice has been delivering high quality tax and accounting services to a loyal community of small businesses and individuals for over 25 years and has earned an excellent reputation for providing reliable and professional services. Revenue is derived from a nice mix of services that consist of 66% tax work and 34% accounting & auditing services which provide steady, year-round income. In fact, business clients contribute around 52% of the total revenue and should continue to provide opportunities for expansion of services as well as growth through referrals. Additionally, the practice generates a strong cash flow to owner about 50% of gross income.
This turn-key practice, complete with a small, dedicated staff, is a great opportunity for an experienced CPA eager to grow a profitable business or for another local firm seeking a profitable addition. The seller is also available to assist the buyer through the transition period, ensuring a smooth handover and optimal client retention.