Business Description

A well-established CPA practice founded in 1959, with a range of clients spanning bookkeeping and tax returns, is available for purchase. The business uses software like Lacerte, QuickBooks, and SmartVault to efficiently manage financial operations. The annual revenue is approximately $93,000, with a diverse client base of 37 bookkeeping clients, 710 individual tax returns, 125 business tax returns, and 110 other tax returns. The practice generates annual cash flow of $287,479 in 2023, including the owner's salary, benefits, and various non-operational expenses, with a projected cash flow of $272,355 for 2024. The seller owns the building, offering the new owner the option to sign a lease for the current office space. This opportunity provides a stable income stream and potential for growth, appealing to individuals seeking an established CPA practice with a history of success. With a solid client base and consistent revenue streams, this CPA practice presents a lucrative investment