Greenville CPA Firm

SOLD

This growing CPA firm in Greenville is seeking a new CPA owner. With a nice fee structure, year-round income, and a skilled, experienced staff in place, this practice would be great for a CPA (or two!) to go out on their own to become their own boss or could be a great second location for an existing firm. Sellers have increased fees and reduced overhead this past season, resulting in a nice cash flow to owner. The practice can remain in its current location after a sale and sellers are willing to assist with a smooth transition.

Asking Price

$1,000,000

Annual Gross

$1,000,000

Revenue Breakdown:

33% Accounting, bookkeeping, and payroll services

29% Income tax preparation services for individual clients

29% Income tax preparation services for business and other clients

1% Tax Planning

6% Audits (2), Review (1), Agreed upon procedure (1)

2% 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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