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Central Arkansas CPA Firm

SOLD
This Central Arkansas CPA Firm has a lot to offer including a great cash flow to the owner, a large number of business clients, increasing revenues, loyal and stable client base, low overhead and great potential for growth! The owner is approaching retirement, however is willing to assist a buyer with a smooth transition of the clients. The office location is available for continued lease.
Asking Price
$549,000
Annual Gross
$445,000
Revenue Breakdown:
40% Accounting, bookkeeping, and payroll services
16% Income tax preparation services for business clients
39% Income tax preparation services for business clients
5% Advisory and other services

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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.

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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.

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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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