TEXAS

This firm is priced for a fast sale. Located in the desirable Dallas suburb of Plano, this 40-year-old firm has strong average fees and is projected to return Seller’s Discretionary Earnings of $138,000 in 2024. Over 60% of revenue is from business clients the average 1040 fee is $675. This single owner practice is a perfect opportunity for a CPA who wishes to strike out on their own or an existing firm looking to acquire a valuable book of business. There is low concentration risk as no single client represents over 10% of revenue.

Plano is a major part of the Dallas-Fort Worth economy as it is home to many large companies such as Frito Lay, JCPenney, Pizza Hut, and Toyota Motor North America. Plano has also been named as both one of the fastest growing cities and one of the best places to live in the country.

The owner is of retirement age and is eager to assist in smoothly transitioning the clients and staff to a new owner. The CPA Manager knows of the pending sale and would like to continue working ~3 days per week with the new owner. The firm is currently operated from the Seller’s home and could be relocated within a reasonable distance. ID# TX-2078