Virtual CPA Practice for Sale

Established in 1988, this virtual CPA practice presents an attractive acquisition opportunity for an accounting firm or individual practitioner seeking to expand an established tax practice with a diverse base of individual and business clients. The practice has been operated by a CPA with extensive professional credentials and maintains a client base consisting primarily of small businesses, corporations, partnerships, individuals and trusts. The practice also provides payroll compliance services. The owner is pursuing a semi-retirement transition, creating an opportunity for a successor to acquire an established practice and build upon its existing client relationships. Key Highlights Established in 1988 Approximately $900,000 in annual gross revenue $1,350,000 asking price, representing 1.5x gross revenue Virtual operating model Established individual and business client base Approximately 417 individual tax clients Approximately 300 business clients Approximately 43 trust/other clients Average individual tax fee of approximately $1,120 Asking Price - $1,350,000