East Memphis Suburb CPA Firm

SOLD

This CPA firm located in an east Memphis suburb is well-known and well-established in the area. With an excellent staff, nice cash flow and strong fee structure, this practice is ready for a new CPA owner. The seller is available to assist with a smooth transition and upscale office location is available for continued lease or for sale.

Asking Price

$995,000

Annual Gross

$900,000

Revenue Breakdown:

29% Accounting, bookkeeping, and payroll services

25% Income tax preparation services for individuals

21% Income tax preparation services for business clients

23% Reviews (14), Audits (2)

2% Tax planning and miscellaneous 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.

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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