Business Description

This CPA practice, established in 1998, is owned and operated by a CPA. The practice serves approximately 103 clients for bookkeeping, generating around $95,200 in annual revenue. Additionally, it serves 27 clients for consulting and payroll services, bringing in approximately $84,000 in annual revenue. The practice also handles individual, business, and other tax returns, with average fees per return ranging from $1,900 to $7,780. In 2023, the business's annual cash flow, which includes the owner's salary, benefits, personal vehicles, and other non-operational expenses, amounted to $380,440. The projection for 2024 anticipates a cash flow of $333,359. The office space leased by the business includes a reception area, five offices, and a file room. The lease for the office space is set to expire on 10/31/2026. Overall, this well-established CPA practice offers a range of services including