Financials & Pricing:

Exceptional Plano Texas CPA Firm

For Sale by Owner

Low Owner Hours and High Cash Flow

ASKING PRICE: $550,000 (115% of Total Income in 2022)

OWNER'S HOURS: 20 to 25 hours per week

REASON FOR SELLING: Retirement/Pursuit of other Business Interests

CONFIDENTIALITY:  Owner desires to keep potential sale confidential until contract is executed

Cash Flow:

  • $490,245 Annual Gross (2022).
  • Cash Flow to Owner of 50.40% ($247,093).
  • Complete Updated Financials Available Upon Inquiry.
  • $465,207 12-month Trailing (July 2022 to June 2023)
    • (This figure excludes over $70,000 Work-in-Progress [WIP])

Practice Highlights:

  • Average fee of $695 for all types of Tax Returns (1040, 1041, 1065, 1120, etc)
    • $657 average for 1040 Tax Returns only.
  • Current Owner to provide transitional assistance to ensure maximum client retention.
  • Current Owner to complete current Audits in process.
  • Current Owner available for up to 20 hours per week to assist with transition workload
  • Current Senior Accountant available for up to 24 hours per week to assist with transition workload.
  • Firm uses UltraTax CS Software with the power of integration.
  • Fully Digital Records.
  • Highly Standardized Workpaper System.

CPA Plano Texas Postion Open

Text 972.849.6923

PLEASE NOTE: This is a Google Voice phone number. Please send a text to let us know you are qualified and interested in the position. I'll be notified immediately and get back with you right away.