3434ALBaldwin County$226,000newAccounting Practice Sales

• CPA practice for sale in Baldwin County, Alabama, near Gulf Shores and Orange Beach in the Alabama gulf coast area
• Revenue mix: Individual tax returns (approximately 55%), tax preparation for business entities (20%), accounting services (20%), and payroll (5%)
• The entire practice is offered for sale, but if a buyer does not wish to acquire the 1040 clients, Seller will consider retaining the 1040 clients and selling the remainder of the practice
• 2020 gross revenues are estimated to be approximately $226,000 (or approximately $101,000 excluding the 1040 clients)
• Strong net cash flow to owner of approximately 66%
• Stellar client retention of 95%
• The practice is poised for growth, as the owner is currently turning away new business
• The owner will assist in transitioning clients to the buyer

Gross Revenue: $226,000 ($101,000 excluding the 1040 clients). Asking Price: $250,000 ($110,000 excluding the 1040 clients)

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