Business For Sale Listing 151878
CPA Practice San Juan Island
Status as of Dec-4-2008 at 06:00 PM: Active
Business Summary
Summary: Our Client is a very well established Public Accounting and Small Business Consulting Practice. The Practice is focused on tax advisory and lifestyle accounting for nearly 1,000 Clients. All Clients enjoy a warm and friendly service relationship with the CPAs, tax professionals and support staff. Services provided consist of a full range of tax advisory and preparation including all forms of personal and business plus non-profits & trusts. Managing their lifestyle allows the principals and staff to comfortably perform throughout the year at a production rate hundreds of hours below the average practice.
Growth and Expansion: For several years little or no effort has been put into building Clientele. The principals have been satisfied and comfortable with their selective and organic growth. Marketing consists of lifestyle involvement in the community. Day-to-Day marketing is through direct Client contact in the normal course of business. The controlled growth of the Practice can certainly be accelerated at whatever pace is comfortable for the new Owner.
Support/Training: The new Owner would have the benefit of a well-planned transition and long-term assistance with the transfer of Client relationships. The two Principals desire to remain active as tax season producers for a five-year transition. Their compensation would be variable and based on production.
Reason for Selling: This is a planned retirement phase out.
Categories
Industry
Location
Financials
| Sales: |
Between $500 Thousand And $1 Million ($722,052) |
| Profits: |
Between $100 Thousand and $500 Thousand ($345,524) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Asking Price: |
Between $1 Million and $2.5 Million ($1,200,000) |
