|REF||STATE||LOCATION||ANNUAL GROSS $||STATUS||PRIVATE SALE / BROKER|
|4071||NC||North Carolina||$989,355||available||Poe Group Advisors|
This firm is very well known within the community for its stellar service to its clients and longstanding service within the community. This firm has been around for many decades! Because of its rooted reputation within the community there is very little client turnover and all new business comes from quality referrals from financial planners, attorneys, and existing clients.
This practice currently offers a variety of services with the majority of revenue (60%) coming from tax and tax planning. The firm has recently added business valuation. Clients pay well and there is very little bad debt. Total owner cashflow is currently $436,000. There are several seasoned employees who work very well together and are extremely collaborative.
-Owners happy to provide long transition guidance and create capacity for new buyer
-Outstanding reputation within the community
-Longstanding staff and clients
The ideal buyer would be heavily involved in the community and have at least 10 years of public accounting experience with a focus on tax and tax planning. The buyer should be able to manage a small, but highly capable staff. It will be important to continue to demonstrate the commitment to clients that this firm has already established. This is a great opportunity to grow your existing firm or start up on your own.