$538,000 Revenue Philadelphia Area (Bucks County) Tax and Accounting Practice
ABA Advisors presents this venerable firm which was established almost 100 years ago and enjoys a reputation for outstanding client service. The firm is owned and operated by two CPAs who are both ready to retire. This is a highly profitable firm as the two owners take 92% ($498,000) of revenue as seller’s discretionary earnings. There are 185 high-quality 1040s prepared with an average fee of almost $1,000 each. Business returns on average are over $5,700 each. Firms of this quality and heritage rarely come to market.
The current office real estate is available separately for sale. The seller believes the firm could be relocated within the tri-county area. This practice is a perfect opportunity for an experienced CPA or EA who wishes to strike out on their own or for an existing firm looking to acquire a strong book of business. The current owners have operated the firm for over 40 years and are pleased to assist in transitioning the clients and staff to a new owner.
