Upper Valley, Vermont CPA Practice for Sale
Asking Price: | $700,000 |
Gross Revenue: | $720,000 |
Cash Flow: | $330,000 |
• Quality CPA practice for sale in charming Upper Valley, Vermont in a prime location with easy access to abundant recreational opportunities and amenities on both sides of the Connecticut River
• Revenue mix: Accounting (approximately 28%); tax preparation for individuals (32%) and business / other entities (34%); and other professional services (6%)
• Revenues have grown steadily, and current year gross revenues are estimated to be approximately $720,000
• Discretionary cash flow is strong at approximately 50% of gross revenue
• The firm enjoys a loyal following, as evidenced by its stellar client retention rate
• The owner will assist in transitioning clients to the buyer