Established CPA Tax Practice N.Harris Co.TX

Not Disclosed, TX
Harris County


Asking Price: Annual Revenue:
$450,000 $394,549

Services: Financial, Accounting, Insurance


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RE: Established CPA Tax Practice N.Harris Co.TX Broker: Bobbi Coffey
Owner Financing is Available!
$100,000.00

Quick Facts

Asking Price: $450,000
Annual Revenue: $394,549
Net Profit: Not Disclosed
Cash Flow: $172,209
Total Debt: Not Disclosed
FF&E: $14,000
Real Estate: Not Disclosed
Year Established: 2005
Employees: 2
BBN Listing #: 253444107
Broker Reference #: 76931-795491

Email or Print Listing

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Business Overview:

Due to health reasons, cash buyers will be prioritized over those looking for lending / SBA due to the time that may extend a closing. Business would otherwise cashflow debt service.

This CPA practice was established in 2005 and has been operating out of its current location since 2010, which provided a more convenient and accessible office for clients to meet, drop off documentation and pick up files from this centralized north Harris county suburb. The owner worked with all walks of life, from sole W-2 earners to multiple owned business clients. Referrals and word of mouth have been their best form of advertising, in addition to a website with high SEO that has drawn attention over the years. This has resulted in steady, high repeat clientele.

Due to health reasons, the owner is looking to sell to an existing CPA who is looking to expand their book of business. This is a rare opportunity to acquire a very lucrative operating tax practice. Ideal buyer will retain the existing location (at low rent) as well as an existing EA and full-time receptionist support person, both of whom want to stay long term with a new owner.

This CPA firm began in 2005 and came to its existing location in May 2010. The client base was already a mix of Cypress/Tomball/Magnolia area and moving closer provided more ability for clients to meet/drop off/pick up/etc. The owner worked with individuals of all walks of life, from sole W-2 earners to multiple owned business clients. Referrals and word of mouth have been their best form of advertising, in addition to a website with high SEO that has drawn attention throughout the years.
This is a great opportunity to add a book of business in a new area with employees who are looking for new leadership. Buyer needs to have CPA designation, or plan in place for that individual to be added to this team.

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Reason for Selling:

Health

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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