About This Practice
This is a high quality CPA firm for sale in Charlottesville, VA with average personal tax return fees of over $ 1,400 per return. The practice also has very loyal clients who give quality referrals. 75% of the work comes from tax services. Accounting services include compilation, write-up, QuickBooks analysis, payroll, bill paying and personal services. The staff is exceptional and there is a wonderful casual office atmosphere. Office is mostly paperless and has excellent technology and great systems and processes – enabling remote working. Owner hours are less than 2000. Net cash flow to owner exceeds 50% of gross billings.
The ideal buyer should have broad public accounting experience, including good experience with tax preparation, tax planning, QuickBooks and general ledger accounting. Someone with strong interpersonal skills who can interact well with clients and staff will do very well in this practice. The Buyer needs to be willing and able to provide excellent service and prompt replies to client questions. The client base is exceptional and are a good source of referrals. A buyer with a strong work ethic and motivation to grow the firm should be able to do so through existing referrals from this exceptional client base. With the excellent systems that are already in place, this could also be a great satellite office for a firm wanting to get into the Charlottesville market.
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