NORTH CAROLINA

This is a full-service accounting and consulting firm that works with both small and medium-sized businesses around the country. Exceptional staff and clients! This is a highly professional CPA practice with excellent, tenured staff who operate in a collaborative, professional environment with minimal supervision. This firm provides a full range of accounting and tax services, including bookkeeping, tax planning, payroll and more. Only 2 staff and the owner go into a work space a few days a week and they rarely meet with clients in person.

The seasoned staff are recognized for their innovative, out-of-the-box solutions, ensuring they meet each clients’ unique needs effectively. Additionally, the firm is located in a dynamic, fast-growing region and has experienced strong growth in recent years. The firm operates in a primarily paperless environment and the team has tech savvy professionals to provide high-level client service. This stellar staff and solid reputation will be an incredible asset to a buyer. 2024 projections are $1,300,000 cash and $1,600,000 accrual.

Highlights:
-Can easily move to 100% remote.
-100% Paperless.
-All staff has been with the firm over 4 years and are seasoned, Senior Staff with an EA and CPA on board
-Cash flow to owner is over 50%!
-43% is bookkeeping with the average fee almost $12,000
-Strong fees include business tax average of $1588 and personal tax $782 (38% of the business)

Ideal Buyer:
Buyer can be remote. Owner is a very charismatic and out of the box thinker. A buyer who is proactive and loves to think of creative solutions for clients will excel here. An ideal buyer will also have strong general business knowledge and experience managing a team of employees. The firm’s clients are familiar with a very high level of integrity and quality work; the new owner will have the capability and personality to continue to build on these existing and new relationships. The firm has a positive culture and strong employee engagement; the new owner will have the ability to delegate work while providing efficient and effective support to foster this team. The ideal buyer-type could be a very experienced CPA, an established firm, or group of CPAs (15+ years in public practice) with excellent management experience that can grow this firm to the next level.