REF | STATE | LOCATION | ANNUAL GROSS $ | STATUS | PRIVATE SALE / BROKER |
---|---|---|---|---|---|
4887 | VA | Washington D.C. (Fairfax Cty.) | $360,000 | sold | ABA Advisors, LLC |
This highly-profitable firm is projected to return Seller’s Discretionary Earnings of over $270,000 in 2024 with less than 200 1040s prepared. Almost 40% of revenue is from monthly accounting work that provides for steady cash flow throughout the year. This high margin / high average fee, 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. Average fees are strong, and there is low concentration risk as no single client represents over 10% of revenue.
The Seller has grown the firm for 29 years and the firm is currently in an attractive location. The Seller owns the real estate. Business ID# VA-2069
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