Business Description

For sale is a well-established CPA practice founded in 2001, with the owner being a certified public accountant. The practice utilizes software like Lacerte, OGSYS, QuickBooks, and MS Office. It handles a mix of tax returns, including around 330 individual returns with an average fee of $253, 60 business returns averaging $866, and 15 other returns averaging $300 each. The practice generates approximately $321,000 in annual revenue mainly through consulting services. The annual projected cash flow for 2024 is $237,835, encompassing the owner's salary, benefits, personal vehicles, and other non-operational expenses. The office space is owned by the firm, located in a converted old home serving as an office building. This established practice provides terms and guarantees for potential buyers looking to enter the accounting industry or expand their existing portfolio. Ad# 2297592 offers a valuable opportunity for individuals or companies seeking to acquire a profitable CPA practice with a diverse client