|REF||STATE||LOCATION||ANNUAL GROSS $||STATUS||PRIVATE SALE / BROKER|
|3884||MD||Montgomery County||$700,000||available||Poe Group Advisors|
This is a service-first CPA firm with an exceptional reputation located in Montgomery County, Maryland, just outside of Washington D.C. The practice has a balanced mix of services including business tax, personal tax, consulting, bookkeeping, payroll services, compilations as well as some review. There is no audit work currently being performed. The clients are loyal and are accustomed to great personal service. There is a wonderful casual office atmosphere. Staff is extremely hard working and capable and would be an asset for any team. They work well together and are very efficient.
Clients enjoy personal and friendly service and are accustomed to receiving quality work. Client attrition is very low, due to exceptionally high customer loyalty. This practice serves many businesses from a broad range of industries. The practice has been built entirely through client referrals.
This office is mostly paperless and has excellent technology and great systems and processes – enabling remote working. The office building is in a great location for visibility and client access in an attractive community with great schools.
The practice is located in a metropolitan area and has been built on a very solid foundation. The services are in high demand and will provide a buyer the opportunity to capitalize on the growth trend the seller has established.
-Paperless Office/ Remote work capable
-Low Client attrition
-Great office location
-Owner hours are just over 2,000
-Cash flow to owner Approx. $300,000
The ideal buyer will have several years of public accounting experience and strong general business knowledge. Buyer will want to provide excellent professional service and be timely with communications. Clients are used to someone with a service-oriented mindset, so the ideal buyer will have a high commitment to forming client relationships. If you have a history of forming trusted relationships with clients, have a good understanding of small and mid-sized business owner’s mindsets, then you can thrive here. CPA required.