NORTH CAROLINA

This CPA firm has a strong community presence within Wake County. They are known for their quality of work and dedication to their clients. Over 50% of the clients have been with the firm for over 15 years and they are sophisticated and entrepreneurial. The current staff are independent and do not need to be micromanaged. There are good work-flows in place. Owner hours are low at approx. 2,000 a year!
Billing is a mix of value and time and the majority of clients pay promptly with very little bad debt.
This firm is located right off the interstate and is within walking distance to plenty of restaurants and shops. Currently all business is brought in through referrals. A new buyer has the opportunity to increase marketing and add a website!
Practice highlights:
- 50% of clients have been with the firm for more than 15 years
- Low owner hours at approx. 2,000 per year
- Independent and competent staff with good workflows in place
Ideal Buyer:
The ideal buyer would have a strong tax and consulting background. The buyer should have experience managing a team and enjoy running a business and helping clients. The clients of this firm are sophisticated business owners who love the promptness and high ethical standards of this firm. With the independent staff already in place, the right buyer would take advantage of growing the client base within the untapped market in Wake County.