ALABAMA

AL1003: The seller of this Huntsville CPA firm is approaching retirement and seeking a CPA buyer for the firm. With a large number of business clients and a strong fee structure, the practice provides a nice cash flow to the owner. The firm has an experienced staff in place and is a largely paperless operation. Firm can remain in its current location following a sale and the seller is available to assist with a smooth transition of the clientele. Revenue breakdown is as follows:
18% Accounting, bookkeeping, and payroll services
1% Prepared financial statements
43% Income tax preparation services for individuals
35% Income tax preparation services for business clients
2% Other services - tax agency notices, personal property, etc.
1% Non-tax Consulting- primarily QB training and 1 compilation
Asking: $1.295M