SOLD – This highly-profitable firm is projected to return Seller’s Discretionary Earnings of over $270,000 in 2024 with
less than 200 1040s prepared. Almost 40% of revenue is from monthly accounting work that provides for
steady cash flow throughout the year. This high margin / high average fee, single owner practice is a perfect
opportunity for a CPA who wishes to strike out on their own or an existing firm looking to acquire a valuable book of
business. Average fees are strong, and there is low concentration risk as no single client represents over 10% of
revenue.
The owner has grown the firm for 29 years and is eager to assist in smoothly transitioning the clients and staff to a
new owner. The firm is currently in an attractive location and the Seller owns the real estate.
