TEXAS

TX1025: So many things to like about this firm located in the eastern Brazos Valley area, centrally located between Houston and Dallas. The firm includes a nice cash flow to the owners, a large number of business clients, a long-term staff in place, and the business continues to grow! This could be a nice second location for a metro area firm or a great opportunity for an experienced CPA (or two) to own their own firm! The two owners are willing to assist with a smooth transition of the client base. Sellers are seeking a CPA buyer who does not offer financial services. The sellers are open to providing some owner financing to a qualified buyer and the office building is available for lease or for sale. The revenue breakdown includes:
28% Accounting & bookkeeping services
48% Income tax preparation services for individual clients
10% Income tax preparation services for business clients
5% Income tax preparation services for 990, payroll and franchise returns
8% Estate planning and 706 filings, payroll tax reports, bill pay for clients
1% Consulting and tax planning
Asking $695k