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Downtown Honolulu, HI CPA Practice for Sale

Honolulu, HI (Honolulu County)

Downtown Honolulu, HI CPA Practice for Sale
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Asking Price: $8,600,000

Cash Flow: N/A

Gross Revenue: $781,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Downtown Honolulu, HI CPA Practice for Sale

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Business Description

This well-established, reputable CPA practice for sale is located in Honolulu, HI produces annual gross revenue of approximately $781,000. It caters to a high-quality client base composed predominately of small to medium size businesses and loyal individuals, which should offer plenty of opportunities for expansion of services. Approximately, 85% of the total revenue is derived from businesses and the overall income is desirably mixed between accounting/write-up services for monthly retainer clients (69%), tax work (26%), and miscellaneous audit/review work (5%) to generate steady, dependable year-round income. There is a strong fee structure in place that yields excellent cash flow to owner of nearly 60% of gross. This turn-key practice is an exceptional opportunity for a seasoned CPA ready to step into an established, profitable practice primed for growth and complete with a tenured and knowledgeable staff in place to assist and provide for a smooth transition. It would also be a nice, profitable addition for an established firm looking to expand in this desirable market area

Detailed Information

Location:
Honolulu, HI
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The Holmes Group

Business Listed By:
The Holmes Group

Accounting Practice Sales

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Accounting Practice Sales

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