About This Practice
Well established accounting practice for sale with a focus on clients in the creative economy, technology, real estate and financial sectors. (The practice has almost no restaurant or traditional retail clients.) The practice owner boasts relatively low owner hours. There is very good cash flow to owner. The practice has excellent systems in place. The office operates on a paperless basis. The staff are reliable and capable and handle a good bit of client communication when it comes to gathering detailed information; allowing the owner to focus on all of the high level information. Overtime hours are kept to a minimum-as tax season hours are not all that heavy.
IDEAL BUYER
The potential buyer should have a fairly strong tax background. The practice also has a small amount of audit and review work so the buyer should be comfortable with that. Good interpersonal skills are a must. Most of the work is for SME’s, so purchaser needs to have experience working with business owners and entrepreneurs. There is a lot of great growth opportunity within the practice for an owner who can offer general consulting. The current owner’s management style is fairly hands off due to the longevity and quality of the staff.
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