Chesterfield CPA Firm

SOLD

The seller of this CPA firm in the St. Louis area is ready to retire and is seeking a CPA buyer. The business offers a nice cash flow to the owner and a good mix of revenues.The office location is available for continued lease and the seller will be available to assist with a smooth transition.

Asking Price

$440,000

Annual Gross

$400,000

Revenue Breakdown:

65% from income tax return preparation for individual clients, business clients, and miscellaneous other entities

35% of revenues from accounting and bookkeeping services

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How to Buy with Confidence

Our experience in the industry makes the transaction simple.

Icon of person with options surrounding them

Phase 1:

Locating a Firm to Purchase

Start by analyzing your strengths to determine the ideal firm size and client mix for you. Assemble your team of advisors, get pre-approved for financing, and begin identifying acquisitions that are the right cultural and professional fit.

Phase 2:

Negotiations and Due Diligence

Bring a fair offer to the table that addresses price, terms, and any employment contract for the seller. After executing an offer or LOI, conduct a thorough review of tax returns, financials, and client demographics to confirm the firm's value.

Phase 3:

Closing and Transition

Finalize your closing documents, fund the purchase, and begin building relationships with clients and staff. A clear transition plan — often with the seller staying on briefly to assist with client retention and a smooth handoff.

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