Maryland - Washington D.C. Area Tax & Accounting Practice
Montgomery County, MD
| Asking Price: | $440,000 |
| Gross Revenue: | $385,000 |
| Cash Flow: | $150,000 |
| Established Year: | 1989 |
Listing ID: 2291285Listing provided by BizBuySell
BUSINESS DESCRIPTION
Located in very affluent Montgomery County immediately north of Washington D.C., this profitable firm is projected to return Seller’s Discretionary Earnings of $150,000+ in 2024. Average fees are strong and a competent, established staff is in place. This single owner practice is a perfect opportunity for a CPA who wishes to strike out on their own or for an existing firm looking to acquire a strong book of business. There is low concentration risk as no single client represents over 10% of revenue.
The owner has grown the firm for 35 years and is eager to assist in smoothly transitioning the clients and staff to a new CPA owner. The firm is currently in an attractive office condo and well located in the desirable area.
DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Owned
Employees
4
Facilities
More info on request.
Competition
Excellent location in a highly affluent area
Growth & Expansion
Unlimited
Financing
Broker can introduce Buyers to SBA lenders specializing in accounting firms
Support & Training
The Seller is open to working part-time for the buyer.
Reason for Selling
Retirement
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