Turn Key CPA Practice with Highly Credentialed Staff in Tampa for Sale!

About This Practice

For over 30 years, this established CPA firm has been a cornerstone for providing top-tier accounting, business consulting and tax solutions. The business is made up of 30% bookkeeping, 50% business and personal tax and 20% business consulting and other. This firm is fully staffed with an impressive, dedicated, and skilled staff. With over 20 employees, several who work remotely, this firm runs very efficiently allowing the owner to focus on management responsibilities. This firm has a reputation for not just being an accountant for its clients but a collaborative partner to ensure their financial goals and needs are met. No formal marketing has been done. Current growth comes from happy current client referrals and community professionals such as financial advisors, attorneys, and business brokers.

2023 revenue was over $3.4 million with 2024 revenue already up 25% due to price increases and strategic new clients. Projections for 2024 are $3.9 million. The owner has identified expansion opportunities, including more tax advisory and fractional CFO services. This is a huge, untapped opportunity. There is also room for additional price increases with current services.  Additionally, the current clients have expressed interest in financial reviews, valuations, cost segregations and trust work.  Many billings are subscription based and all pricing is value billed.

This exceptional opportunity represents more than just an acquisition; it embodies an exceptional business, strong reputation, dedicated staff, just awaiting a visionary leader to steer it towards even greater heights.

Firm Highlights:

• Buyer can be remote. Current owners are remote and spend minimal time in office
• Jan – April 2024 is up 25% in revenue and 11% higher cashflow to owner
• Over 20+ highly credentialed employees with 8 CPAs on staff
• Located in a prime, affluent area with a rapidly growing business hub, this firm is poised to move quickly
• Owners increased prices by 10%-15% in 2024
• The client portfolio is very desirable having been refined and grown to include only high value clients in stable and preferred industries
• Many high paying clients with larger average fees, who want more services
• 90% of clients meet remotely!

Ideal Buyer:

This could be a strategic move for an entrepreneur or firm who wants to add a Tampa presence or begin to provide these highly sought after services. This remarkable firm represents an outstanding investment opportunity due to several key features, including highly credentialed staff, affluent and loyal clients, and incredible location.  The buyer would recognize the longevity of the employees and clients and keep those close relationships this firm has already established. The ideal buyer will be business savvy, a proven leader, and will have strong experience in operations and strategic business development. The business’ capabilities will be recognized and realized by a skilled professional who themselves is highly capable. There are many opportunities to expand the services with existing clients and a buyer with CFO knowledge could easily capitalize.  clients are also looking for additional advisory services. A buyer should have the ability to offer consulting to top clients and be a strong leader.