About This Practice
Located in Central Rhode Island, this well-established CPA firm provides clients with personable, quality services. The office culture is professional and friendly, with a focus on meeting their clients’ needs. The firm has a strong team in place, and loyal clients who represent a diverse group of industries. Industries served includes small businesses, construction, manufacturing, financial, landscaping, nonprofits, stable restaurants, service industries as well as others. Clients rely on the staff for corporate tax, individual tax, bookkeeping, payroll and audits. The firm also performs work in partnership tax, trust, and estate tax. Located in Central RI, the location of this firm is ideal to serve the clients throughout the tri-state area, with easy access to I-95. This firm is perfect for a buyer who desires a client-focused practice with an outstanding team.
Highlights:
- ~51% Cash to Owner
- Outstanding, dependable staff
- Year after year trackable growth trend
- $735,000 (2024 projection)
- Good work/life balance with reasonable owner hours
Ideal Buyer:
An entrepreneurial-minded CPA that enjoys a practice with client interaction is ideal. This firm has grown almost completely by client referrals and through professional networking. An owner(s) who brings a strategic marketing plan, and technical knowledge will be able to take this already successful practice to the next level. First-time buyer: With exceptional profitability, efficient systems and knowledgeable staff, this traditional RI firm is ideal for a first-time buyer who is ready to be their own boss. Current owners looking to grow through acquisition: In an industry where we constantly hear how difficult it is to find good staff, you won’t hear that from this owner. The staff here are as good as the clients!
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