New London, New Hampshire Area CPA Practice for Sale
Asking Price: | $300,000 |
Gross Revenue: | $285,000 |
Cash Flow: | $145,000 |
• Accounting and tax practice for sale in the New London, New Hampshire area, which offers a nice quality of life and four-season charm
• The practice derives its revenue from tax services for individuals (72%) and business / other entities (28%)
• Current year gross revenues are estimated to be approximately $285,000, with estimated discretionary cash flow of approximately 50%
• Solid fee structure, with average return fees of about $565 for individuals and $1,225 for business entities
• The practice has capacity for additional growth, as the owner works only about 1,350 hours per year in the practice
• The owner prefers to work for Buyer after closing, which should ensure a seamless transition and optimal client retention
• Please note that Buyer must be a CPA or an Enrolled Agent