REF | STATE | LOCATION | ANNUAL GROSS $ | STATUS | PRIVATE SALE / BROKER |
---|---|---|---|---|---|
3963 | ME | Near Bangor | $300,000 | available | Accounting Practice Sales |
• Full-service CPA firm for sale in a picturesque community near Bangor and Coastal Maine
• The firm enjoys a loyal following and stellar client retention rate, as most clients have been with the firm for more than 20 years
• Revenue mix: 67% attestation (audits and reviews), 5% accounting, 12% tax preparation for individuals, and 16% tax preparation for business / other entities
• 2022 gross revenues are estimated to be approximately $300,000
• Net cash flow to owner is approximately 55%
• The firm is in a great location, and the location is assumable if desired
• The owner will assist in transitioning clients to the buyer
• Please note that the buyer for this practice must be a CPA because 2/3 of revenue is derived from audits and reviews
Asking Price: $300,000
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