Certified Public Accounting Firm

Not Disclosed, TX

East Texas


Asking Price: Annual Revenue:
$1,000,000 $900,000

Services: Financial, Accounting, Insurance


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RE: Certified Public Accounting Firm Broker: Keith Chapman
Owner Financing is Available!
Seller will consider an earnout sufficient to ensure client and fee retentiion.

Quick Facts

Asking Price: $1,000,000
Annual Revenue: $900,000
Net Profit: Not Disclosed
Cash Flow: $345,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1986
Employees: 5
BBN Listing #: 16368881
Broker Reference #: 487

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Business Overview:

East Texas CPA firm with annual professional fees of $900,000 is seeking a strong professional to transition their practice. The firm has primarily client services and tax practice revenues with some advisory consulting engagements. They do not provide audit services. The firm has three partners, two of which are nearing retirement age and are seeking an exit strategy. The third partner is younger and wants to remain with the firm as an employee with the desire to become partner in the future with the successor firm. The retiring partners will remain for a sufficient time to smoothly transition client relations with a structured earnout to ensure fee retention for the buyer. Purchaser must be a licensed CPA.

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Property Features and Assets:

New and professional offices located in business district. Partners own the offices and lease to the Firm. Sellers will consider either a long term lease or sale of offices separately.

Reason for Selling:

Retirement

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.

Relevant Links:

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