REF | STATE | LOCATION | ANNUAL GROSS $ | STATUS | PRIVATE SALE / BROKER |
---|---|---|---|---|---|
3435 | MS | Southwest Mississippi | $301,000 | sold | Accounting Practice Sales |
• Well established CPA practice for sale in the Scenic Rivers region of Southwest Mississippi
• Revenue mix: Accounting (55%), tax preparation for individuals (24%) and business / other entities (18%), and other revenues (3%)
• 2020 gross revenues are estimated to be approximately $301,000
• With more than half of revenues derived from monthly accounting services, the practice experiences a year-round revenue pattern, supplemented by a bump-up during tax season, making this a great practice to acquire any time of the year
• Solid net cash flow to owner of approximately 47%
• Stellar client retention rate of 95%
• The practice is poised for growth, as the owner is currently turning away new business
• The owner will assist in the transition
Gross Revenue: $301,000. Asking Price: $305,000.
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