4327MEPenobscot Bay Region$1,100,000expiredAccounting Practice Sales

• Quality CPA practice for sale in the Penobscot Bay region of Mid-Coast Maine, which includes the communities of Rockland, Rockport, Camden, and Lincolnville
• Revenue mix: Tax preparation for individuals (52%) and business / other entities (35%), and other revenue (13%)
• The practice has experienced steady growth, and 2022 gross revenues are estimated to be approximately $1,100,000
• Solid fee structure, with average return fees of about $585 for individuals and $1,190 for business clientele
• The firm enjoys a stellar client retention rate and is poised for additional growth, as the owner is currently turning away work
• Seasoned staff is in place
• The owner will assist with the transition, including working for the buyer after closing if desired

Asking Price: $1,100,000