Business Description

A well-established accounting practice with 900 loyal clients and annual revenue of around $400,000 is now for sale as the owner is planning for retirement. The owner's annual earnings average over $100,000, and the business is a year-round revenue producer offering various accounting services. The sale structure may include partial seller financing and an earn-out based on customer retainage for a qualified buyer. There is a positive industry trend for accounting practices due to a shortage of CPAs and accountants, with more firms moving towards virtual online customer relationships, making acquisitions more attractive. Buyers looking to own a new accounting practice or expand their current practice may find this opportunity appealing. The industry has shown solid growth, and the practice benefits from a large client base and a favorable revenue stream. The business presents a prime opportunity for someone seeking to take over a successful, established accounting practice with potential for further growth. Additionally, the real estate where the practice operates is available for sale or lease, further enhancing the potential