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CPA Practice- 50% ownership

Arkansas (Washington County)

Services - Engineering & Accounting | Services - Finance, Banking, Loans & Leasing

Asking Price $110,000 Inventory None** 
Gross Income $200,000 Real Estate None** 
Cash Flow $70,000 Year Established 1992
FF&E $5,000* Employees 1

* included in the asking price

** not included in the asking price

One partner is retiring and is selling his 50% of this CPA practice. This business is a well established and well known CPA firm specializing in accounting & payroll services, tax planning & preparation, contractor s license, quickbooks consulting, business organization & consulting. Annual billings are around $200,000 and all expenses are split between the partners leaving a cash flow for each partner of $70,000. The business operates monday through friday and hours are extended to include saturdays during the tax season. Buyer should be a certified public accountant.

Facilities: Approximately 2,100 sq ft of space, in a great location, directly off a major highway in Northwest Arkansas. Business is located in a upscale professional area with plently of customer parking. The rent of this newer building is $1,500 per month and is split between the two partners. Includes approximately $5,000 of assets used on a daily basis.

Competition: Normal for a CPA Practice. This business handles monthly accounting and completes 400 to 500 annual tax returns

Growth/Expansion: Excellent for an aggressive new partner.

Financing: Some financing to a qualified buyer

Support/Training: Seller willing to spend adequate time to train

Reason Selling: One partner is retiring- selling his 50% of the business.

Business For Sale By

Jerry Ausburn

479-751-6100

Auvan Business Brokers

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