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<a href="https://poegroupadvisors.com" style="color:#64cb71;" target="_blank" rel="nofollow">Poe Group Advisors</a> (PGA) was founded by Brannon Poe, CPA. Brannon has been brokering Accounting Firms for almost 20 years. He got his start as a CPA at Ernst and Young. In 2003 he began facilitating accounting firm sales on the East Coast of the U.S. Now, PGA has helped facilitate hundreds of transitions all over the U.S and Canada.

Check out our blog at <a href="https://poegroupadvisors.com" style="color:#64cb71;" target="_blank" rel="nofollow">Poegroupadvisors.com</a>. PGA creates content, including the Accountant’s flight plan podcast, that helps firm owners buy, sell and grow their business. Poe Group Advisors’ nationally recognized brand and content means they have thousands of qualified buyers in their database. The PGA sales process ensures favorable deals, compatible buyer/seller matching and a quick, guided transition. PGA helps sellers exit with cash and buyers enjoy a compatible firm with high client and employee retention.

ABA Advisors, LLC is a nationwide consulting and brokerage firm that specializes in the sale, merger, acquisition and financing of the accounting and tax practices. &nbsp; For more than a decade Larry has been working predominantly with CPA's, EA's and other tax/accounting professionals with the Buying, Selling and Financing of their businesses. &nbsp;Although based in Texas, the focus is opportunities nationwide.

At Accounting Biz Brokers, LLC, we specialize in the sale of accounting firms and tax practices across the nation. With over 23 years of combined experience, our brokers are Certified Business Intermediaries (CBI) designated by the International Business Brokers Association. A CBI is an experienced, proven professional whose claim of competence is supported and documented. With the skills necessary to handle the marketing, negotiations and complex details involved in the sale, our CBIs can assist you with the successful completion of the purchase or sale of your business.

Accounting Broker Acquisition Group is the only national business brokerage of its type comprised 100% of brokers who are Ex-Big Four CPAs possessing significant prior merger and acquisition experience. We have successfully promoted and negotiated countless accounting practice M&amp;A transactions involving hundreds of millions of dollars in value for sole practitioners, small partnerships, and larger firms. The M&amp;A experience of our brokers is incomparable.
The Journal of Accountancy has published numerous articles&nbsp;written by the founder of our company, Harry L. Olson, CPA, including <a href="https://accountingbroker.com/wp-content/uploads/2016/06/Accounting-Broker-JOA-Feature-wLinks.pdf" style="color:#64cb71;" target="_blank" rel="nofollow">"Maximize Proceeds in Accounting Firms Sales"</a>. In this article, Mr. Olson exposes the major misconceptions and fatal errors you must avoid to achieve maximum value when you sell your CPA practice. Please note: This paragraph is not to be considered an endorsement by the Journal of Accountancy or the AICPA of these articles, our company (which is not a CPA firm) or any services offered. However, the JOA articles Mr. Olson has written have been highly influential on the industry with respect to CPA practice M&amp;A.

Accounting Practice Sales (APS) is the largest and most successful marketer of Tax and Accounting practices in the nation. Having successfully guided practitioners with the sale of practices representing market value in excess of $1 billion, there’s simply no one better.

Lori Newcomer is a CPA with a Masters of Science in Taxation degree. She is a former practice owner who understands the many considerations and concerns of those contemplating the purchase or sale of an accounting practice. Lori has the experience and qualifications to help you in buying or selling tax and accounting practices in Connecticut, Maine, New Hampshire, Rhode Island, and Vermont.

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This well-established firm has seen 14%-15% year-over-year growth in each of the last 2 years. The firm is on-track to meet and likely surpass their conservative 2021 projection of $2.2M. Profit is good and consistent at ~48% (2020). An excellent reputation has earned continuous referrals and new client inquiries, contributing to the growth and success the firm continues to experience. Offered services are very thorough allowing clients to have all their needs met through the firm. Client engagements include business and individual tax, bookkeeping/write-up, reviews, compilations, CFO/advisory, estate, and payroll. Client portfolio is very well structured in terms of ideal client size and client industry stability. Clients are loyal and often provide referrals based on their high level of customer satisfaction. 5-star reviews and testimonials speak to the service level the firm provides. Staff are very experienced, well-credentialed, and highly personable. Staff work independently and collaboratively. Clients appreciate the support they receive through the firm’s team-approach. Roles and responsibilities are well-defined, allowing for thorough and accurate work. Culture is strong. Systems are modern, utilizing cloud technology and current industry platforms to provide efficiency, security, and scalability. The office is ideal from all aspects. A professional and contemporary space that is appreciated by staff and clients. The office is very well located with high visibility, excellent exposure, and easy accessibility. This is an excellent opportunity for a buyer looking to acquire a highly reputable firm with a continuous track record of growth, and excellent ongoing future growth potential. Ideal buyer The ideal buyer will be a CPA with strong industry experience. Strong general business knowledge is also required. Experience in leading and growing a high-performing team will be important for the buyer of this firm. A track record of building quality long-lasting relationships with clients and staff will help ensure the buyer’s greatest success. A growth-minded buyer will see the opportunity in this firm and will capitalize on the firm’s readiness. This is an ideal opportunity for several buyer structures including a growth-minded partnership, a one-owner, or an expansion of an existing practice.

• Quality CPA practice for sale in Stamford, Connecticut • Revenues are desirably blended to include accounting and payroll (11%); tax preparation for individuals (59%) and business / other entities (19%); other tax services (8%); and other revenue (3%) • The practice enjoys a loyal following, as evidenced by its stellar client retention rate of 99% • 2021 gross revenues are estimated to be $520,000, and the practice is poised for further growth, as the owner has purposely limited new client additions to maintain current level of client service • Strong fee structure (average 1040 and business return fees are approximately $1,210 and $1,455, respectively) • The practice is unusually profitable, generating phenomenal net cash flow to owner of 92% of gross revenue • The practice is in a great location • The owner will assist in transitioning clients to the buyer • Buyer must be a CPAAsking Price: $650,000

• This CPA practice for sale in Southwest Hartford County enjoys a loyal following, as evidenced by its stellar client retention rate • Client mix: 21% individuals filing Schedule C, 38% other individuals, and 41% business entities representing a broad range of industries • 2021 gross revenues are estimated to be approximately $125,000 • The practice is highly profitable due it is solid fee structure (average 1040 and business return fees are approximately $615 and $2,670, respectively) • Net cash flow to owner is quite strong at more than 80% of gross revenue • This would make for the perfect starter practice or an easily integrated addition to an existing firm • The owner will assist in transitioning clients to the buyer • If desired, the location is assumable with landlord approval • CPA buyer preferredAsking Price: $145,000

OVERVIEW ABA Advisors represents this CPA practice located in the Greater New Haven, CT area. The seller is willing to provide transitional assistance to the buyer to help ensure client retention. THE PRACTICE The practice serves individuals and businesses with tax return preparation (90% of the revenue), general accounting, compilations, and tax representation. This well-established and highly profitable business should net more than 70% to the Buyer.

OVERVIEW - ABA Advisors represents this accounting firm located in the Hartford, CT area. The seller is willing to provide transitional assistance to the buyer to help ensure client retention.THE PRACTICE - The firm has about 100 business clients and provides services all year. Approximately 80% of the firms revenue is recurring work. The firm has approximately 377 individual tax returns. Average fees are solid. Business ID: CT-1620

We inreal estate and the owner is a nationally recognized expert on taxation of real estate. Unlimited potential for new client growth. Mergerll established CPA firm, with a nationwide client base, is seeking to MERGE with another Fairfield County or Westchester County firm seeking a Fairfield County location. The Tax Practice has a niche in real estate and the owner is a nationally recognized expert on taxation of real estate. Unlimited potential for new client growth, Merger partners seeking a Forensic Accounting Division a plus. Owner is not seeking to be ported to a NY location. QuickBooks and real estate specific accounting software are used along with Ultra Tax CS for tax preparation.

• Quality accounting and tax / CPA practice, focused primarily on monthly and quarterly compilation work in a niche industry, and the related tax work • The firm enjoys a loyal following and a sterling reputation in the community for providing quality, timely, personalized service, as evidenced by its stellar client retention rate • Its year-round revenue pattern makes this a great practice to acquire any time of the year • Collections by quarter: Q1 - 31%; Q2 - 24%; Q3 - 22%; Q4 - 23% • The practice is in a great location with good visibility and high traffic generated by surrounding businesses • Revenues have grown steadily in recent years, and the practice is poised for additional growth, as the owner is currently turning away new business • 2021 gross revenues are estimated to be approximately $225,000, and the practice generates unusually strong cash flow of 80%Asking Price: $260,000

OVERVIEW - ABA Advisors represents this tax &amp; accounting practice located in Hartford, CT area. The seller is willing to provide transitional assistance to the buyer to help ensure client retention. THE PRACTICE - The practice has primarily individual tax clients, with some business returns and bookkeeping clients. Average fees are solid for a practice of this size and should net about 50% to the Buyer that purchases the business. BUSINESS ID# CT-1016

OVERVIEW - ABA Advisors represents this tax practice located in the Hartford, CT area. The seller is willing to provide transitional assistance to the buyer to help ensure client retention. THE PRACTICE - The practice has primarily individual tax clients, with some business returns. The average 1040 is $455 and the average business tax returns are $1,500-$1,700. The net on this practice is over 60%. BUSINESS ID# CT-1106

• Highly profitable boutique type practice (a low number of returns coupled with higher fees) • Revenue mix: Tax preparation for Schedule C filers (15%), other individuals (57%), and business / other entities (23%); and accounting / other revenue (5%) • The average 1040 fee is approximately $1,105, and the average entity return fee is $2,500 • The firm has experienced steady growth • 2020 gross revenues and cash flow are estimated to be $90,000 and $80,000, respectively • This would be the perfect starter practice for a would-be owner or an easily integrated addition to an existing firm • The owner will assist in transitioning clients to the buyer • Buyer must be a CPAAsking Price: $110,000

• CPA practice for sale in Northern Hartford County, CT, within commuting distance of both Hartford, CT and Springfield, MA • 2020 gross revenues are estimated to be approximately $405,000, comprised primarily of tax preparation for individuals (approximately 77%), tax preparation for business / other entities (20%), and other accounting services (3%) • Net cash flow to owner of approximately 50% • The practice is in a great location, with high visibility on a busy road with steady traffic • The owner will assist with the transitionAsking Price: $425,000

OVERVIEW - ABA Advisors represents this accounting practice located in the Hartford CT area. The seller is willing to provide transitional assistance to the buyer to help ensure client retention. THE PRACTICE - The practice works with area churches and schools, performing accounting and assurance review testing, along with implementing financial procedures, training, and fixing booking issues. Average fees are solid for a practice of this size and should net more than 80% to the Buyer that purchases the business. Business ID: CT-0819

OVERVIEW - ABA Advisors represents this CPA firm located in the West Hartford, CT area. The seller is willing to provide transitional assistance to the buyer to help ensure client retention.THE Firm - The firm has a good mix of individual and business tax clients, approximately 40%, audits, reviews and compilations make up about 47% of the revenue with the remaining 13% made up of bookkeeping and consulting revenue. BUSINESS ID#: CT-0624

Well established Accounting (Bookkeeping, Compilation, Sales Tax, and Payroll) and Tax Practice. Practice has approximately 50% net. It is conveniently located off interstate, as well as, potentially portable to another SW Fairfield County location. The Seller, who is presently utilizing Pro-System FX tax software, QuickBooks and Accountants World, has 2 key employees, who are willing to reamin with the firm. Seller will provide a smooth transition. For additional information contact 917-722-2410.

Very profitable write up/tax practice is a good on opportunity or start up practice for someone with a small book of business.  Practice, which utilizes QuickBooks and Drake software, operates out of a home office and has considerable geographic portability.  The Seller will provide a smooth transition and may consider a small part time consulting role after the sale. For additional information contact 800-779-7774. 

Well established tax preparation practice with an office conveniently located to the interstate. Tax preparation operates with the proprietary software and is location sensitive. Seller will confirm whether the office lease is assumable and would like a part time consulting role after the sale.

ABA Advisors represents this CPA practice located in Northern Hartford County, CT. The seller is willing to provide transitional assistance to the buyer to help ensure client retention.
The practice is well established with quite a few individual tax returns, some business returns and monthly/quarterly accounting clients. The business has existing part-time, or seasonal, employees that should stay with the new owner and could net nearly 50% to the Buyer that purchases the business.
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Affordable at $95,000 plus 50% of transfer fee! Turnkey Federal &amp; State income tax services business, providing a myriad of products, and utilizing state-of-the-art tax preparation software. A franchise business that does not require an accounting background, in fact, a majority of the franchise owners are not accountants. Services, include.: paper filings, electronic filing (E-File), electronic refund check/deposit, and refund anticipation loan (RAL). Impressive growth pattern demonstrated. Continued growth seems likely based on the positive experience as demonstrated by the past financial results. Extremely well organized business, with practices and procedures in place. Excellent growth potential through expansion possibilities, additional locations, within the existing territory. Last years cash flow of $65k for basically 4.5 months. From January 1 st. to April 15th full-time, the remainder of the year the franchise agreement calls for opening one day a week. The current owner is open on Thursday.

FOR SALE:&nbsp; Accounting practice established for over 6 years.&nbsp; Provides typical accounting services to local small and medium sized businesses. The last year has seen a drop in revenue of approximately 15%, primarily due to a number of clients facing difficult trading conditions. Owner is prepared to assist with the transition of the business for 3 months after completion.

REF	STATE	LOCATION	ANNUAL GROSS $	STATUS	PRIVATE SALE / BROKER

3734	CT	Connecticut	$2,200,000	new	Poe Group Advisors
3686	CT	Stamford	$520,000	sale pending	Accounting Practice Sales
3685	CT	Southwest Hartford County	$125,000	available	Accounting Practice Sales
3683	CT	Greater New Haven area	$410,000	available	ABA Advisors, LLC
3667	CT	Hartford, CT area	$600,000	available	ABA Advisors, LLC
3627	CT	Fairfield County	$500,000	sale pending	National Accounting Sales
3594	CT	Litchfield County	$225,000	sale pending	Accounting Practice Sales
3487	CT	Hartford, CT area	$300,000	available	ABA Advisors, LLC
3478	CT	Hartford, CT area	$350,000	available	ABA Advisors, LLC
3472	CT	Eastern Fairfield County	$90,000	sold	Accounting Practice Sales
3449	CT	Northern Hartford County	$403,000	sold	Accounting Practice Sales
3409	CT	Hartford County, CT	$125,000	expired	ABA Advisors, LLC
3388	CT	West Hartford, CT area	$1,000,000	available	ABA Advisors, LLC
2505	CT	SW Fairfield County	$415,000	sold	Professional Accounting Sales
2427	CT	Middlesex County Shoreline	$255,000	sold	Professional Accounting Sales
2286	CT	Southwestern Fairfield County	$290,000	sold	Professional Accounting Sales
1916	CT	NORTHERN HARTFORD COUNTY	$170,000	sold	ABA Advisors, LLC
0567	CT	New Haven County	$134,945	sold	Larson Associates
0524	CT	Denver area	$200,000	sold	Private Sale

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