East of KC Metro EA Firm

SOLD

The owners of this EA firm located east of the KC Metro Area are ready to sell as they are approaching retirement. They are willing to continue to work as needed after the sale. The firm offers a great cash flow to the owners, a nice fee structure and a nice mix of services. The practice is well-known and well-established in the area, has a great reputation and has a stable, trained staff in place.

Asking Price

$895,000

Annual Gross

$815,000

Revenue Breakdown:

12% Accounting and bookkeeping services

10% Payroll services

54% Income tax preparation services for individual clients

15% Income tax preparation services for business and other clients

3% Consulting services

6% 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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