Northern Maryland CPA Practice $650k Gross
| Asking Price: | $710,050 |
| Gross Revenue: | $750,000 |
| Cash Flow: | $290,315 |
NEW CPA Practice for Sale
LISTING NUMBER MD2051
Geographic Location: NORTHERN MARYLAND
Practice Details: Nice diverse CPA practice in Washington County, MD. Gross revenues of approximately $650,000 in 2022 but projected to $750,00 in 2023. Revenues balanced between Tax prep (53%), Write ups (23%) and Payroll (7%) to provide year-round income. Will be a nice practice for a CPA that wishes to start their own firm or would make a profitable addition to another established firm looking to expand in this market.
List Price: $719,000
Annual Revenue: $650,000
Owners Cash Flow: $290,000
Revenue breakdown: Individual and Business tax: 53%, Write up: 23% & Payroll 7%)
Facilities: 5 offices + reception area = 2500 sq feet, rent is $2500 monthly and assumable
Furniture and Equipment: all computers, desks, file cabinets, and server phone system come with the practice.
Staff: CPA owner + 1 CPA + one FT and four part time assistants
Software: Intuit QuickBooks, Sage, TimeSolv, Ultratax, Windows 10
For more information about this opportunity, reply to this email or contact:
John Westphal (651) 433-8889 email--> john@accountingfirmsold.com
