Eastern Bergen County EA Firm

SOLD

The seller of this EA firm located in eastern Bergen County is approaching retirement and ready to sell the firm but will be available for a smooth transition after a sale. The firm offers a nice mix of services, a strong fee structure with a large number of business clients, and a great cash flow to the owner!

Asking Price

$495,000

Annual Gross

$425,000

Revenue Breakdown:

15% Accounting, bookkeeping and payroll services

44% Income tax preparation services for individual clients

36% Income tax preparation services for business and other clients

5% Consulting, sales tax preparation, 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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