|REF||STATE||LOCATION||ANNUAL GROSS $||STATUS||PRIVATE SALE / BROKER|
|4074||NC||Raleigh Durham||$470,000||new||Poe Group Advisors|
Durham, NC CPA practice for sale with high net worth and high income individuals as clients. The average 1040 fee is over $900. This is a well-established CPA practice with loyal clients in a variety of different industries and professions. The firm enjoys an excellent reputation and has great office space in a prime location. The firm has experienced nice growth over the last several years. The local economy in Durham is excellent and offers additional growth opportunity if desired. There is also a very capable staff. The firm does very little advertising and receives referrals from clients and other professionals in the community.
The ideal buyer will have good interpersonal skills and a reasonably strong tax background. A CPA or pair of CPAs with good personalities could likely grow this practice well. With the excellent referral network and professional client base, this would also be a great strategic buy for a firm wanting to gain a foothold in the Raleigh Durham market. Since the practice has a number of high-net worth clients, it would also be attractive for a firm that offers wealth management services.