This is an established CPA firm with a strong and diverse business client base. Client engagements include compilations, a small number of reviews, three not-for-profit audits, corporate tax returns, tax advisory, personal tax and other consulting services. Office processes are streamlined, and support staff is capable and dependable. The firm has a commitment to helping clients reach their financial goals.
Revenue is solid and cash flow to owner is very good. Services are priced using a time-billing model. The clients pay on time and accounts receivable is kept to a minimum.
IDEAL BUYER: The ideal buyer will be a Licensed Public Accountant or firm with several years of public accounting experience and strong general business knowledge. They must be experienced with owner-managed businesses and enjoy serving this clientele. Good interpersonal skills are a must as well as the ability to adapt to client style and level of sophistication. The buyer will be able to manage staff and an efficient workflow. The buyer would be expected to maintain the firm’s exceptional reputation and grow the firm to meet the service needs of the client base. Buyer must have capacity or hire staff to take advantage of the increasing referral opportunities. There are numerous opportunities for the right buyer to capitalize on the growing client list and services.