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|Ref||Location||Annual Gross $||Status||Private sale/Name of broker|
|1038||Peoria||$238,771||Sold||Berkshire Business Sale & Acquisitions|
Turn-key CPA practice is available in Peoria, Arizona.
Established in 2000, the practice is primarily a tax practice with approximately 74% tax, 17% accounting, 8% payroll and the balance in entity formation. Cash flow is roughly $155k which represents a 65% cash flow margin for the firm.
The practice benefits from an excellent marketing system which will bring new business in the front door and has established an excellent network of referring professionals. They currently operate from leased facilities and the lease is assumable or a new lease will be negotiated with the buyer. Financing up to 15% for qualified buyer.