Portsmouth, NH Area / York County, Maine CPA Practice for Sale

Portsmouth, NH
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Asking Price:$72,500
Gross Revenue:$67,600
Cash Flow:$31,500
BUSINESS DESCRIPTION

• Tax practice for sale in the desirable border area of Portsmouth, New Hampshire and York County, Maine
• Revenues are derived from tax services for individuals (70%) and business / other entities (30%)
• Current year gross revenues are estimated to be approximately $68,000, and cash flow is strong at about 50% of gross revenue
• Solid fee structure with average return fees of approximately $510 for individuals and $1,100 for business entities
• Software in use includes UltraTax by Thomson Reuters
• The practice is in a great location, assumable with landlord approval
• The owner will assist in transitioning clients to Buyer
• Buyer must be a CPA or an Enrolled Agent
• This would make for the perfect starter practice or an easily integrated addition to an existing firm – an affordable opportunity for buyers of all types!


DETAILED INFORMATION
Location
Portsmouth, NH
Inventory
Not Included in asking price
Reason for Selling
Retirement
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Lori Newcomer
Accounting Practice Sales
Lori Newcomer