CPA Firm with Exceptional Growth

About This Practice

This thriving full-service accounting firm boasts a remarkable array of expertise in tax, tax planning, CFO services, payroll, and bookkeeping, resulting in an impressive annual revenue growth rate of 40-50%. The firm’s success can be attributed to its well-structured and independent team, enabling an exceptional level of efficiency and service quality. This firm takes a proactive tax planning and holistic approach with client relationships, building strong relationships.  All new clients have come from referrals, networking or google searches where they find 5-star reviews.  With a diverse clientele, such as doctors, lawyers, and business executives, the potential for further service expansion is abundant.  The firm has two offices that do not have to be kept and the owner currently works half the time remotely.

The staff’s high level of independence provides a solid foundation for future growth, which an entrepreneurial buyer could easily capitalize on. With its solid systems, clientele, and services in place, this CPA firm presents an exceptional opportunity for the right buyer to build upon its success and further. 2022 gross income was $639,927 while June 22-June 23 gross is $866,576!  2023 revenue is projected to be $1,000,000

Highlights:

• Steady revenue growth between 40-50% annually
• 2023 Cashflow projected is $530,000
• Refined operations and effective workflow
• A buyer could potentially work remotely
• 90% paperless

Ideal Buyer

The ideal buyer for this firm should possess strong leadership qualities, capable of effectively motivating and guiding the exceptional team proficiency in financial reporting, CFO consulting, and providing strategic advice on forecasting and tax-saving strategies is crucial, as the clients seek guidance in planning for their financial future. The owner and practice provide excellent service, communication, and timely work; a buyer who provides these same approaches will relate well to clients and staff who are familiar with the same.   The owner provides autonomy to their capable staff while at the same time welcomes collaborative work; the ideal buyer will recognize the strength of the team and each staff member. CPA is ideal but not required. With its solid systems, employees, clientele, and services in place, this CPA firm presents an exceptional opportunity for the right buyer to build upon its success.