Established CPA Practice In Martin County FL
Relocatable, FL Martin County
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- RE: Established CPA Practice In Martin County FL
- Contact: Jill Verbin
Quick Facts
| Asking Price: | $179,000 | |
| Annual Revenue: | $200,059 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $78,125 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1990 | |
| Employees: | 1 | |
| BBN Listing #: | 992703 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
The practice consists of primarily Tax Clients; The 2024 Revenue for the Tax Clients was approximately 70% ($140,000+). The 2024 Revenue for the Corporate Clients for which the firm performs Monthly, Quarterly, or Annual Write-up and Bookkeeping services was approximately 30% ($60,000+).
This practice is perfect for a CPA that wants to locate to the area or as a bolt-on acquisition. Fiscal Year 2024 Seller’s Discretionary Earnings shown as $78,125. Business can be taken without the Lease and SDE would go up $10,465 (actual 2024 rent paid) plus other associated costs such as Office Liability Insurance, Office Cleaning, Telephone, and Internet Expenses (2024 these aggregate costs were approximately $4,000).
Administrative Assistant/Bookkeeper who knows the clients and performs basic administrative duties as well as monthly bookkeeping services for corporate clients can stay or go as you like. The assistant is happy to stay working in the office or from home in her home office. Although the CPA wishes to retire, she is happy to stay to assist with the transition through the next year’s tax season, compensation to be negotiated.
This business has potential for growth. Seller agrees to pass on any new client referrals as they are received post sale.
You have the flexibility as the Buyer as to just how you would like to start or add this operation to your business.
Contact the Seller:
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Property Features and Assets:
Leased property with 861 square feet.
Market Competition and Expansion:
Excellent opportunity for starting CPA or a bolt-on acquisition for an existing practice in a growing area of Florida.
Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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