Little Rock CPA Firm

NEW

The owners of this CPA firm in Little Rock are approaching retirement and seeking a CPA buyer for the firm. With a good fee structure and a large number of business clients, the firm provides a nice cash flow to the owners. While there are two owners of the firm, neither are working full time in this business and represent 1.25 FTE. The practice can remain in its current location or could be relocated, and sellers are willing to assist with a smooth transition.

Asking Price

$575,000

Annual Gross

$535,000

Revenue Breakdown:

18% Monthly accounting, bookkeeping, and payroll services

31% Income tax preparation services for individuals

51% Income tax preparation services for businesses, trusts, and other clients

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How to Buy with Confidence

Our experience in the industry makes the transaction simple.

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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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