Gross Revenue: $520,000
Location: NorthEast, Pennsylvania
Industry: Accounting, Tax Preparation, Bookkeeping and Payroll Services
Listing ID: PA-2094
Listing Status: New
ABA Advisors presents this venerable firm which was established almost 100 years ago and enjoys a reputation for outstanding client service. The firm is owned and operated by two CPAs who are both ready to retire. 63% (~$328,000) of revenue could be returned to a new single owner after replacing one of the CPAs. There are 185 high-quality 1040s prepared with an average fee of almost $1,000 each. Business returns average over $5,700
each.
The current office real estate is available separately for sale. The seller believes the firm could be relocated within the tri-county area. This single owner practice is a perfect opportunity for a CPA or EA who wishes to strike out on their own or for an existing firm looking to acquire a strong book of business.
The current owners have operated the firm for over 40 years and are pleased to assist in transitioning the clients and staff to a new owner. Firms of this quality and heritage rarely come to the market.
