Business Description

An established write-up practice near the University of Notre Dame generated gross revenues of around $530,000 in 2023. Services provided include write-ups (60%), tax preparation (25%), and payroll (15%). The practice, which has no audits, reviews, or compilations, is comprised of a total of 5 staff members – 3 full-time and 2 part-time, including a CPA owner, another accountant, and two bookkeepers. The practice's revenue breakdown shows that individual and business tax services account for 25%, while write-up services make up 60% of the total revenue. The facilities consist of three offices and a reception area with a total of six rooms, occupying 1700 square feet of space. Monthly rent amounts to $1500 on a triple net basis. Furniture and equipment, including computers, desks, file cabinets, and a server phone system, are all included with the practice. The practice utilizes software such as Thomson SAAS, Ultratax,