Asheville Area CPA Practice Available

Designation:	CPA Firm
Location:	North Carolina
Status:	SOLD
Listing ID:	NC2002
Asking:	$475,000
Annual Gross:	$448,000
Reason for Selling:	Retirement
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About This Practice

This is a well established CPA practice in the Asheville area with good cash flow. This firm provides personalized service to a diverse and loyal client base. There are some high net-worth clients with somewhat complex tax planning and preparation needs. The tax style of this office is conservative. The office dress is traditional, but the management style and atmosphere is fairly informal. There is currently no audit or review work, but huge potential if someone wanted to pursue. (That work is currently turned away.) The office management style is informal and there are excellent long-term, loyal staff members.

IDEAL BUYER

This would be an excellent practice for an ambitious CPA with at least 7 to 8 years of tax experience. The ideal buyer for this practice would need to take great care in pleasing clients. Many clients are long-term and have high expectations of personalized service. Any buyer would be expected to maintain this firms exceptional reputation, and hopefully grow the firm to meet even more service needs for the client base. This is a motivated seller, if you are interested please let us know. Asheville would be a wonderful place to break out on your own!

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About the Area

Asheville is located in Western North Carolina’s beautiful Blue Ridge Mountain range and houses the famous Biltmore Estate. It’s known for its vibrant arts scene and historic architecture. Its Downtown Art District is filled with galleries and museums, and in the nearby River Arts District, former factory buildings house artists’ studios. Exploring the mountains surrounding Asheville North Carolina is an immersion in millions of years of natural history. With a city this beautiful, you can’t keep people away. The local economy is largely supported by its tourism, so its population of roughly 442,800 can sometimes seem larger. Forbes ranks Asheville as the twelfth best place for business and careers. The cost of living is 2.9% below the national average, and job growth is at a 1.8% rise as of 2014. For more information about Asheville’s unmistakable vibe visit Asheville’s official tourism site or Asheville’s Chamber of Commerce.

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