$370,000 Gross Revenue / South Houston Area, TX CPA Practice for Sale

Sale Pending

Asking PriceNot Disclosed

Cash Flow
$199,389
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$370,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

$370,000 Gross Revenue / South Houston Area, TX CPA Practice for Sale - ABA Advisors - Cynthia Kerstiens Save

$370,000 Gross Revenue / South Houston Area, TX CPA Practice for Sale


Sale Pending

Asking PriceNot Disclosed

Cash Flow
$199,389
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$370,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
*** THIS LISTING IS CURRENTLY SALE PENDING***

Overview - ABA Advisors represents this CPA practice located in the South Houston area of Texas. The Owner/CPA is of retirement age and is willing to remain with the new buyer for 1+ years. This continuity should aid a smooth transition and client retention.

The Practice - Founded in 1989, seller built the practice from one client and now has over 750+ clients. Staff consists of Owner/CPA, Office Manager, and Administrative Assistant, all are anticipated to remain with buyer. The Office Manager helps with tax work, bookkeeping, payroll, and small corporate tax returns. The Administrative Assistant helps with bookkeeping and payroll. The business includes individual and business tax returns, accounting, bookkeeping, audits, and reviews. No one client makes up over 10% of the gross
revenue and most clients are located in Texas except for one Louisiana client. The firm is paperless. Seller requires the buyer to be a CPA or EA and to maintain the current office space or have an office located within a 15-mile radius. TX-2093
About the Sale
Seller Motivation
Seller is of retirement age.
Transition Support
Seller is willing to provide transitional assistance to the buyer to assist client retention and is also open to working for the buyer for a year or longer following closing. Staff is NOT aware of the sale but would most likely transition to the new owner.
Listing Info
ID
2328225
Listing Views
1165

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Business Listed by: Cynthia Kerstiens ABA Advisors, LLC

Listing ID: 2328225 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.