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Brannon is an author and experienced intermediary and he and his team have closed over 100 transactions since 2003.&nbsp; An Ernst &amp; Young alumni and scholarship recipient,and magna cum laude graduate of the University of South Carolina, Brannon began his career in public accounting with Ernst &amp; Young as an auditor , before working for a number of years for the regional firm of Elliott, Davis &amp; Company.&nbsp; Subsequently, Brannon became a shareholder in a privately owned family business before then becoming the founding shareholder in a successful start-up manufacturing company. This breadth of experience with companies both large and small has helped Brannon excel in effectively facilitating hundreds of successful practice transitions.Brannon makes his home in Charleston, SC with his wife and three children. Away from the office, he enjoys competitive racquetball, boating, and fishing.&nbsp;

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.

State Name: Accounting Practices for Sale in State Name, CPA Firms for Sale in State Name. Get the latest details of accounting practices for sale in State Name - ST.

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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

• Stamford, Connecticut (Fairfield County) CPA wishes to sell a 50% interest in an accounting and tax practice, focused primarily on accounting services (approximately 15%) and tax preparation for individuals (73%) and business entities (12%) • 2019 gross revenues were $345,000, and 2020 gross revenues are estimated to be approximately $350,000 (these figures represent 100% of the practice) • The practice is in a prime location in the center of town, with good visibility near a busy intersection • This would be an ideal opportunity for a would-be practice owner to partner in an established practice, or for an existing firm to establish a Stamford officeAsking Price: $210,000 for a 50% interest

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

This is an established bookkeeping and tax practice with dedicated staff and a diverse client base. Clients are incredibly loyal, and many have been with the firm for several years. The core practice is small business clients from a range of industries including various construction-related trades, service industries, not-for-profits and real estate, as well as individual tax clients.The firm has a solid marketing strategy and the revenue trend is growing. Cash flow to owner is 45%+. Clients are generally billed by the hour with a minimum fee. Quick Collect has most clients paying on time.The office culture is relaxed but professional and efficient. Staff are knowledgeable and highly capable of carrying out their assigned duties. Procedures and software are in place to ensure efficient workflow and quality control. Most business clients submit their work digitally with an in-person follow-up session. Individual tax clients come to the office.The practice enjoys an excellent reputation for great client service, and strong client relationships. The staff work hard to ensure that each client feels valued and cared for. The firm has a strong community presence with many connections for the buyer to take advantage of.Ideal buyer The ideal buyer will be technically qualified to take on the existing clients and will have the ability to lead the team of highly capable employees. They will see value in being an active member of the community and will be both charismatic and friendly. The buyer will be willing to go the extra mile to encourage their clients and ensure that all their needs are met. A Buyer who is willing to get involved in the local business community and continue networking will be able to grow the business nicely.

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

This listing is for a quality CPA practice in the Eastern Fairfield County, CT Area. The owner does in excess of $1.2 MM in billings, with a Seller Discretionary Income in excess of $550K, according to the 2018 sellerâ€™s historical information.  This established CPA practice primarily provides Write-Up & Compilation Services (60%), Tax Preparation Services (29%), some Audit Services (9%) and a small amount of Review Services (2%). Owner wishes to retire but is willing to stay long enough to ensure a smooth transition.

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

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
3448	CT	Stamford	$350,000	available	Accounting Practice Sales
3409	CT	Hartford County, CT	$125,000	expired	ABA Advisors, LLC
3407	CT	Litchfield County	$415,000	available	Poe Group Advisors
3388	CT	West Hartford, CT area	$1,000,000	available	ABA Advisors, LLC
2947	CT	Eastern Fairfield County Area	$1,200,000	expired	Broker (Undisclosed)
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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