CONNECTICUT

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REFSTATELOCATIONANNUAL GROSS $STATUSPRIVATE SALE / BROKER
3686CTStamford$520,000sale pendingAccounting Practice Sales

• Quality CPA practice for sale in Stamford, Connecticut
• Revenues are desirably blended to include accounting and payroll (11%); tax preparation for individuals (59%) and business / other entities (19%); other tax services (8%); and other revenue (3%)
• The practice enjoys a loyal following, as evidenced by its stellar client retention rate of 99%
• 2021 gross revenues are estimated to be $520,000, and the practice is poised for further growth, as the owner has purposely limited new client additions to maintain current level of client service
• Strong fee structure (average 1040 and business return fees are approximately $1,210 and $1,455, respectively)
• The practice is unusually profitable, generating phenomenal net cash flow to owner of 92% of gross revenue
• The practice is in a great location
• The owner will assist in transitioning clients to the buyer
• Buyer must be a CPA

Asking Price: $650,000

For more details please contact the advertiser about this listing:

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