|REF||STATE||LOCATION||ANNUAL GROSS $||STATUS||PRIVATE SALE / BROKER|
|4640||OH||Youngstown Area||$465,000||available||ABA Advisors, LLC|
This is a well-established, four-decade tax and accounting practice located close to Youngstown. The firm is thriving; however, the owner is retirement age and wishes to sell. The firm is on track to generate revenue of $465,000 in 2023 with SDE of nearly $185,000. Business tax and accounting services make up almost 80% of revenue with much of it as 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.