|REF||STATE||LOCATION||ANNUAL GROSS $||STATUS||PRIVATE SALE / BROKER|
|4007||OR||Malheur County||$556,816||available||Private Practice Transitions|
Private Practice Transitions is assisting in the sale of a long-established, highly profitable CPA firm located in the Western Treasure Valley of Oregon and Idaho. The Firm’s two largest revenue streams are from Income Tax Preparation (48%) and Bookkeeping/Payroll (32%). The rest is made up of Management Advisory, Reviews, and Compilations. The Firm has shown increasing revenues year-over-year even during the COVID-19 pandemic. With average gross revenues (2019-2021) of ~$515,000 and ~430 active clients, the firm is poised to have another successful year. The practice operates from a ~2,999 sq. ft. office building which could be part of the package deal. There are currently four staff including the owner who is willing to provide transition assistance for up to a year to help ensure the new owner’s success. With an established clientele, seasoned staff, and well-regarded reputation, this practice is a turnkey opportunity for the right buyer.
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