#5460 - Virginia - VIRTUAL

Established Remote CPA Practice with Diversified, Recurring Client Base This established remote CPA practice provides tax preparation, bookkeeping, payroll support, tax planning, and advisory services to a loyal client base of individuals and small businesses. The practice has been operated entirely from a home office using cloud-based systems, with no physical office, lease, storefront, or geographic location requirement. A key strength of the practice is its diversified revenue base. This is not solely a seasonal tax preparation practice. Recurring bookkeeping, payroll, advisory, and annual service relationships generate year-round activity and complement the annual tax preparation work. Many clients rely on the firm for multiple services, which supports retention and creates a more durable relationship than one-time compliance work alone. The practice also has systems in place to support continuity and transition. Tax returns are prepared using professional tax software, while client communication, document exchange, workflow management, and time tracking are handled through an integrated cloud-based platform. Workpapers are built using recurring templates, reconciliation tie-outs, and formula-driven schedules. These systems help preserve institutional knowledge, reduce reliance on memory, and support a more organized transition for a qualified buyer. Practice Details - 2025 revenue was $129,840, with SDE of $108,296 - Projected 2026 revenue is $147,388, with projected SDE of $125,346 - 77 accounts across approximately 48 unique client relationships - Client base includes individuals, small businesses, including sole proprietors, S corporations, and partnerships, and fiduciary clients such as trusts and estates - Service mix: approximately 41% tax compliance, 32% bookkeeping, 10% advisory, 9% payroll, and 8% software resale - Return mix: approximately 72% individual, 23% business, and 5% fiduciary/gift Owner workload: approximately 1,600 to 1,800 hours annually - Historically operated as a sole-practitioner practice, but suitable for either continued owner-operation or integration into an existing CPA firm team This opportunity is best suited for a CPA or established CPA firm with strong attention to detail, a client-service mindset, and the ability to maintain the quality and responsiveness that clients have come to expect. The practice may be continued as a lean owner-operated book or integrated into an existing firm, provided appropriate CPA oversight is maintained for the applicable client relationships and professional responsibilities. Transaction Structure Detailed financial information and a comprehensive selling memorandum are available to qualified buyers after initial screening and execution of a non-disclosure agreement. The seller prefers an all-cash or lender-financed transaction, though limited seller financing may be considered under specific conditions. The buyer must be properly licensed and qualified. Growth & Expansion The practice has grown approximately 15% per year over the last three years, driven primarily by maintaining important client relationships, being selective in adding new clients who bring ongoing value and strong margins to the firm, and ongoing refinement of pricing aligned with the value of services provided. Additional growth opportunities may exist for a buyer with more preparer capacity, stronger administrative and bookkeeping support, improved marketing efforts, or a greater focus on advisory services. Transition Support The owner is committed to an orderly transition and will remain available for up to five hours per week for six months following closing, included as part of the transaction. Additional support beyond five hours per week or beyond the six-month transition period would be billed at the owner’s standard hourly rate. Transition support may include client introductions, workflow and workpaper training, software guidance, and ongoing technical support as needed. Reason for Selling The owner is selling in order to transition out of public accounting and pursue other professional interests.