Northwest of Birmingham, AL CPA Practice for Sale

, Alabama 61 views 0 favorites

Financial Highlights
Asking Price
$359,000
Revenue
$315,000
Business Description

• Quality accounting and tax practice for sale Northwest of Birmingham • Client mix: More than half of revenues are derived from business clientele, as revenues are comprised of 42% accounting, 20% tax preparation for business / other entities, 38% tax preparation for individuals • The practice enjoys a loyal following, as evidenced by its superior client retention rate and steady revenue growth • The owner bills accounting clients a flat fee per month or quarter, resulting in a steady year-round revenue stream supplemented with a nice bump-up during tax season • Solid fee structure, with average return fees of about $390 for individuals and $1,710 for business returns • Revenues for the current year are estimated to be $315,000, and cash flow is strong at approximately 58% of gross revenues • Experienced staff is in place and the location is assumable if desired • Seller will assist in transitioning clients to Buyer Location: Alabama

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 19, 2022

Updated: 6 hours ago

Views: 61

Favorites: 0