#5267 - Union County, NJ Area - NEW JERSEY

Overview ABA Advisors represents this CPA firm located in the western Union County, NJ area. The owner is a CPA and wishes to find a buyer for the firm. The owner is willing to provide transitional assistance to ensure a good handoff of clients and staff. The owner feels the buyer should be a CPA. Owner and Senior CPA wish to continue working in the practice on a reduced per diem basis. The Firm The firm is paperless with most of the firms' clients located in Morris, Somerset and Union Counties, NJ. There are some out-of-state 1040 type clients in FL, NY, PA, CA, CO, CT, MA & SC. 85% of the clients either mail, email, or use the portal to upload their information. Only 15% physically drop off their information to the firm. Client demographics are estimated to be as follows: Under age 30 = 5%, 35 to 50 = 20%, 50 to 75 = 70% and 76+ = 5%. The firm also uses engagement letters. The seller believes a buyer could relocate the office buy would suggest doing it after 1st season unless buyer is local. The buyer of this firm must be a CPA. Business ID#: NJ-2125