About This Practice
This high profitability firm has 60% cash flow to owner. The firm boasts outstanding customer service with client referrals that constantly bring in new clients. No marketing has been done in over 10 years. The firm is located in a high growth area with many opportunities to expand. This boutique firm is a very reputable accounting practice with excellent, long-term clients. Engagements include individual tax, corporate tax bookkeeping and payroll. This well-established CPA firm offers a great opportunity for a buyer looking to own their own practice, or an existing practice wanting to add great clients to their current portfolio.
The client base is industry-diverse and has been honed over time to be made up of high-quality loyal clients. The longstanding reputation of quality work and personable service draws regular referrals providing opportunity for a buyer to readily maintain or expand the existing client base. This practice boasts independent and experienced staff that maintains strong client relationships. They are a cohesive, trained team of professionals. Client referrals constantly bring in new clients with no marketing.
A buyer with an entrepreneurial spirit and excess capacity could easily take on more clients and grow the firm. A new owner could leverage the referrals and reputation to grow the client base in this high demand location.
The clients of this firm like the personalized service and laid-back culture of this practice. Buyer should have quality public accounting experience and a great personality to help service this diverse client base. A commitment to great customer service will be important as these clients are accustomed to a friendly, personal touch.
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