Gross Revenue: $360,000
Location: SouthEast, Virginia
Industry: Accounting, Tax Preparation, Bookkeeping and Payroll Services
Listing ID: VA-2069
Listing Status: New
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 Seller has grown the firm for 29 years and the firm is currently in an attractive location. The Seller owns the real estate. Business ID# VA-2069
Year Established: 1995
Reason For Sale: Seller is of retirement age.
Training & Support: Seller will work with buyer to facilitate transitioning clients.
