|REF||STATE||LOCATION||ANNUAL GROSS $||STATUS||PRIVATE SALE / BROKER|
|4069||SC||Charleston||$655,491||new||Poe Group Advisors|
This is a high-quality CPA firm in a growing area outside of Charleston, SC. Most of the work is high quality tax preparation and accounting. This firm works personally with clients to help set realistic goals and visions for the business or individual. This practice has great staff who are very teachable. They produce high quality work and enjoy working together. They work independently and do not need constant supervision.
The office is in a great location on a busy street so there is great visibility and the building is easy to access. Clients are billed at the time of service. There are very good work processes in place. There is very little bad debt. Clients are willing to pay good fees. There has been increased demand for bookkeeping. There is a great opportunity to increase revenue with additional services. Customer leads are brought in through quality referrals with very little effort. This firm has seen exceptional profit growth over the last few years.
The buyer of this practice must have good tax knowledge and a willingness to provide exceptional service. The buyer should have experience managing a small staff. An entrepreneurial buyer could add additional services to increase revenue to the existing client base.