Hot Listing

CPA Firm For Sale - Retiring Owner - Minimal Owner Involvement

Sale Pending

Asking Price$1,199,000

Cash Flow
$406,572
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$614,000

InventoryNot Disclosed

FF&ENot Disclosed

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Hot Listing

CPA Firm For Sale - Retiring Owner - Minimal Owner Involvement


Sale Pending

Asking Price$1,199,000

Cash Flow
$406,572
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$614,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Retiring Owner - 95% Repeat Clients - Minimal Owner Involvement
Are you tired of working for someone else? Or ready to start your own firm? This CPA firm was established in Austin, TX in 2010, is a well-regarded accounting practice specializing in tax preparation and advisory services for both individuals and businesses. The firm has built a strong reputation over 15 years, evidenced by its high rate of repeat clientele and efficient operational model.

The owner is supported by a dedicated staff of four part-time CPAs. These CPAs work up to 30 hours per week during tax season and 10-20 hours per week during the off-season, primarily focusing on tax preparation and client document collection. The owner is responsible for reviewing all prepared returns, client meetings, tax planning, and core administrative tasks.

This is an excellent opportunity for someone who is looking to own their practice. Here are a few key notes on this opportunity:

- Owner's staff processes returns and works with clients directly
- 95% of the revenue comes from repeat clients
- 60% of the processed returns are personal and 40% business
- There are streamlined processes to reduce owner involvment
- Consistent financials
-- 2024 SDE -- $406,572
-- 2023 SDE -- $455,466
-- 2022 SDE -- $399,1777

This opportunity won't last long.
About the Business
Years in Operation
15
Employees
4
Facilities & Assets
The business had an official office location until the COVID pandemic, but has since moved to a shared office workspace when in-person meetings are required. They conduct most of the business via email and virtual communications.
Real Estate
Owned or Leased
Leased
Rent
Not Disclosed
Lease Expiration
10/1/2029
About the Sale
Seller Motivation
Retiring
Transition Support
The Seller is committed to a successful transition and open to discussion on finding the best transition plan that supports the buyer.
Listing Info
ID
2393003
Listing Views
4673

Contact Seller

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Business Listed by: Alex Khabbaz Texas Business Brokers

Listing ID: 2393003 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.


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