Business Overview:
This is an independent CPA firm that is housed and co-habitates with an insurance agency in the Sacramento area. Because of the relative sticky nature of taxes and insurance, the Seller has often discounted the tax preparation fees upwards of 25% in order to secure the insurance service portion of the revenue from each client. Ultimately Buyer and Seller fit will be key in this acquisition since the ongoing insurance relationship will perpetuate beyond the sale of the tax practice. The last thing the Seller wants is some hack take over his book and then have to hear about it when meeting the insurance needs of his clients. Seller is involved in too many projects that demand his attention, other wise with the solid core group of customers he would not be Seller the operation. He is the only CPA in his organization, and rather than hire an outsider he has decided to place this book on the market for acquisition. NDA is required for further details and to schedule an exploratory call with the Seller to dig deeper.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Facilities: Currently run out of an insurance agency office in an office park. Relocatable within the general Sacramento area.
Support/Training: Client file hand off at a minimum. Will take some time to catch personnel up to speed on the client base.
Market Competition and Expansion:
Competition: Individual CPA's provide a end to end services that cannot be duplicated by firms like Jackson and H&R. Usually once the client is secured, they are held on to so retention is very strong.
Growth/Expansion: Growth rates for the firm have been 10% year over year for the past few years. Many clients originate as referrals.
Reason for Selling:
Other business interests.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: