CONNECTICUT

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REFSTATELOCATIONANNUAL GROSS $STATUSPRIVATE SALE / BROKER
3685CTSouthwest Hartford County$125,000soldAccounting Practice Sales

• This CPA practice for sale in Southwest Hartford County enjoys a loyal following, as evidenced by its stellar client retention rate
• Client mix: 21% individuals filing Schedule C, 38% other individuals, and 41% business entities representing a broad range of industries
• 2021 gross revenues are estimated to be approximately $125,000
• The practice is highly profitable due it is solid fee structure (average 1040 and business return fees are approximately $615 and $2,670, respectively)
• Net cash flow to owner is quite strong at more than 80% of gross revenue
• This would make for the perfect starter practice or an easily integrated addition to an existing firm
• The owner will assist in transitioning clients to the buyer
• If desired, the location is assumable with landlord approval
• CPA buyer preferred

Asking Price: $145,000