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Business For Sale

NEW ORLEANS LA CPA PRACTICE FOR SALE

Attn: Jim Burford
New Orleans, LA, USA
Listing Number: "LA1023"
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Asking Price: $1,375,000 USD USA Dollars
Business for Sale Industry: Services: Financial, Accounting, Insurance  
Yearly Gross Income: $1,133,000
 

Business for Sale Overview:

Very nice, long established, very profitable CPA practice. Firm caters to high net worth individuals, primarily physicians. Very even cash flows with 50% of billings from compilations, 40% from tax work, and 10% from unique consulting projects. The average monthly fee this firm charges for compilation work is $1,250 - $1,500. Net cash flow of $825,000. 100% no down payment, 10 year financing available for purchase of this practice through our lending source. As such, you could purchase this practice with a no down payment loan from our lending source and gain a nice 6 figure income net of operating expenses and net of debt service. At buyer's preference, owner will sell all of clients making up the total annual gross of $1,133,000, or will keep some of clients and sell a smaller percentage of clients at a smaller sales price. This is a good opportunity to acquire a premier practice.


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