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Ref Location Annual Gross $ Status Private sale/Name of broker
1785 Southeast Minnesota $435,000 On Hold C. G. Reicher Associates

This well-established CPA firm is located in a carefully-maintained, professional office building. The practice has experienced staff in place to assist in the retention of clients. The firm’s revenue consists of monthly/quarterly accounting clients and individual/corporate tax return clients. This firm has shown steady, consistent revenue for the past several years; 2017 tax season registered continued growth in revenue and profit. The firm serves many small businesses in various industries. Firm has long-term clients, average fees, and solid margins. Practices in similar areas have been selling for multiples from 1.0 – 1.2 times gross billings, plus furniture and equipment. Terms are negotiable. The seller seeks an experienced CPA who will be attentive to clients and staff. The seller is open to creating a deal that makes sense for both parties.
Target Buyers:
- Existing CPA firm wishing to expand market via acquisition;
- Entrepreneurial CPA seeking to acquire firm as a stand-alone practice.

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