About This Practice
Well established CA / CPA firm for sale with excellent cash flow to owner (in excess of $1M) and low owner hours. The practice has a good mix of long-term small and mid-sized clients ($5M to $50M) who are not very price sensitive. Clients are in a broad cross section of industries without much exposure to the oil patch. The firm has experienced staff who are highly competent, and therefore work well with little supervision. Most of the past growth has come through client referrals and there is significant opportunity for additional growth in several service areas.
The ideal buyer will either be a similar firm that wants to get to that next level – or one that just wants to expand into this market. The buyer could also be an experienced individual or group. Owner or manager should have 10 to 15 years of public accounting experience with clients of a similar size – and well-rounded general business knowledge. The ability to manage an efficient team is a must. There is significant additional opportunity in 4 specifically identified areas – so someone who has the capacity to expand these areas could drive rapid growth.
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