Successful CPA Practice
Listing #: 71452
Asking Price: $3,000,000
Owner Benefit: $602,109
This CPA practice began in 2008 as a CFO Advisory Firm and then transitioned into a CPA practice, adding tax, writeup and attestation work in 2014. The firm's clients are about 50/50 personal to business, and they do about 800 tax returns annually. Approximately 75% of the revenue is recurring from bookkeeping clients, payroll clients, quarterly projects and tax.
The firm's client base is heavy into construction (about 40%), but also manufacturing, medical, real estate professionals and other small businesses. There are 7 full time employees and 10 part time (mostly remote). The revenues in 2022 are projected to increase significantly.
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