Long Island-Based Accounting and Bookkeeping Firm

Twenty years ago, the sellers founded this firm around a single restaurant client. Today it serves roughly 600 restaurant locations nationwide, from single-unit operators to multi-store franchise groups, on a fully recurring revenue model. This is outsourced accounting built specifically for the restaurant industry: the firm speaks their client’s language of guest counts, average ticket, food cost, and labor, and its daily routine is not just managing the books but showing clients where their opportunities lie. Financial data flows directly from client point-of-sale systems through proprietary integrations the firm built in-house, feeding both the accounting and a client-facing reporting portal where managers can see each location’s results.

For an Established Firm or Strategic Acquirer

This practice is a strong strategic add for an accounting or outsourced services firm seeking a defensible niche, or for an investor building a platform in the space. The recurring revenue model, ACH-collected fees, proprietary technology, and client-facing account managers transfer intact, and the sellers are willing to remain in management roles, which makes for an unusually smooth integration. The fit the sellers describe is an owner with a hands-off style who keeps the management team in place, invests in growth, and shares their commitment to how staff are treated; low turnover is one of the reasons the practice runs as well as it does.

For a First-Time Buyer

An individual professional stepping into ownership would inherit a practice that runs on systems and an experienced team rather than the owners’ personal production, with both sellers available for transition support and open to staying on in management. No specific credential is required; the firm’s work does not include attest or tax services. The sellers place more weight on financial capability, a compatible outlook on managing people, and a clear growth plan than on the makeup of the buying group.

For a Private Equity Buyer

The sellers view private equity as a natural fit and have shaped their transition plans around it. The practice has the characteristics investors look for in a platform: fully recurring, ACH-collected revenue under auto-renewing agreements, per-location pricing that scales as franchise groups add stores, proprietary technology, and a self-sufficient team of account managers supported by an overseas office that conveys with the sale. Client relationships sit with staff rather than the owners, so the business does not depend on the sellers’ personal production, and both partners are open to remaining in leadership roles after closing under a hands-off ownership structure. That continuity gives an investor experienced operators who already know the industry, the brands, and the team while capital is put toward the growth opportunities outlined in the profile.