About This Practice
This is a very well-established and highly regarded CPA / LPA practice. Services include compilations, (NTR & T2), reviews, audits, associated personal tax, and some estate work. The practice is profitable and refined. Revenues are consistent and dependable. A strong and rooted reputation has grown the practice over time and has allowed the owner to curate an ideal client portfolio and strong team. Staff are highly capable, long-term, and dedicated. The staff are a very valuable component of this practice. Staff work independently and directly with clients allowing the owner to focus on the high-level work. Workflow is streamlined and efficient.
Clients and industry partners regularly provide compliments and referrals as a result of the practice’s personable and timely service, and high-quality work. The clients are long-term and loyal. The client portfolio is industry-diverse, industry-ideal, and very stable. The recently renovated office is an enjoyable and productive work environment, and offers clients a great place to meet if they wish. The office is very well located in a busy commercial area and is easily accessed locally and by major routes. Key to this practice is the growth opportunities it offers. Along with regular referrals and new business inquiries, the owner has identified strategic areas of opportunity for a growth-minded Buyer. This practice is ideal for several Buyer scenarios including an individual or existing practice looking to expand immediately into their future by adding in great clients and a very valuable team, along with many growth opportunities ahead.
The ideal Buyer will be a CPA and will have a Public Accounting License (PAL) or a viable method for handling the assurance work that makes up a notable portion of the practice’s revenue. The Buyer will have strong experience in specialized tax that is another notable component of the practice. The ideal Buyer will be experienced in the overall management of a practice and team. The Buyer will recognize the strength and independence of the staff and the ability this provides to the Buyer to focus their time where they choose. A people-focused Buyer will appreciate the value that the staff provide to the practice and will also understand the value of the strong client portfolio. The Buyer will want to be growth-minded as the practice offers great growth opportunities. This is an excellent opportunity for many Buyer scenarios including a practice owner(s) looking to expand their practice with great staff, ideal clients, and many future growth possibilities.
Request Full Profile