REF | STATE | LOCATION | ANNUAL GROSS $ | STATUS | PRIVATE SALE / BROKER |
---|---|---|---|---|---|
4640 | OH | Youngstown Area | $478,000 | sale pending | ABA Advisors, LLC |
This four-decade firm is thriving, generating revenue of $478,000 in 2024 with 50% or $239,000 returned to the owner. Business tax and accounting services make up almost 77% of revenue with much of it being monthly or quarterly accounting work. Concentration is low with no single client representing over 10% of Revenue. The staff is in place with one other well-qualified CPA plus an experienced Office Manager and Receptionist. Staff are aware of the sale and are likely to continue with a new owner. This practice is a perfect opportunity for a CPA to strike out on their own or it could also be a great addition to an existing firm looking to take the firm into its next chapter of growth. The seller will assist the Buyer in transitioning clients and is interested in continuing to work at the firm up to 25 hours per week.
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