"Heart of Texas" CPA Firm for Sale

• Well established sole practitioner CPA firm • 2019 Revenue $1,078,687 • Revenue mix is 83% tax preparation (65% Individuals; 30% Business; 5% Other); 11% Accounting; 5% Audits and 1% Other Services • Owner's discretionary cash flow is 45% of revenue • Software used for tax preparation is CCH ProSystem Fx; Accounting software is Accounting CS • Five employees - 3 professional staff, 1 bookkeeper and an office manager • Practice offices in an owner owned building which has been significantly remodeled and upgraded • After a long successful career owner is looking forward to retirement from public accounting to devote time to real estate investments and travel but expects assisting buyer through an appropriate transition period to maximize knowledge transfer and client retention Location: Texas