West of Montgomery, Alabama CPA Practice for Sale

AL

West of Montgomery, Alabama CPA Practice for Sale
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Asking Price: $1,000,000

Cash Flow: N/A

Gross Revenue: $1,000,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

West of Montgomery, Alabama CPA Practice for Sale

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Business Description

• Strong cash flow of approximately 60% of gross annual revenue
• Solid fee structure, with average 1040 and entity return fees of approximately $865 and $1813, respectively
• Revenue mix: 22% accounting, 76% tax preparation and 2% other revenue
• Stellar historical retention rate of 95%+
• Great office location, with the practice established in the same building since the 1950s
• Loyal skilled workforce in place, including five accountants and one secretary/receptionist
• Seller is willing to assist in transitioning clients to Buyer

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Lori Newcomer

Business Listed By:
Lori Newcomer

Accounting Practice Sales

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Accounting Practice Sales

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