Profitable and unique CPA practice in Louisville metro KY 2073

Louisville, KY
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Asking Price:$579,000
Gross Revenue:$536,000
Cash Flow:$389,000
Rent:$3,300/Month
BUSINESS DESCRIPTION

Practice Details:  Very profitable and unique CPA practice located in Louisville metro area. What’s unique is the three CPA partners have no staff so it’s a very lean, efficient practice comprised of 62% Tax Prep and 28% Audits. This makes for outstanding cash flow at $389,000. All three CPA partners will stay on a year or so.

Owners Cash Flow:   $389,000

Revenue breakdown:  Individual and Business tax: 62%, Audits 28%, Write up: 5%

Facilities: 8 offices + reception area = 4400 sq feet, rent is $3300 month to month, triple net

Furniture and Equipment: all computers, desks, file cabinets, and server phone system come with the practice.

Staff: 3 CPA owners

Software: Quickbooks, ProSystems, Thomson Reuters Practice CS, Windows 10


DETAILED INFORMATION
Location
Louisville, KY
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
4,400
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Willow Whitney
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Willow Whitney