N Little Rock Area CPA Firm

SOLD

This “turn-key” CPA firm in the NLR area would be perfect for a buyer wanting to own their own business, or is large enough for an established firm to have an additional location! The seller is approaching retirement but is willing to assist with a smooth transition of the client base and employees to a new owner. The office building is located in a high traffic area and is available for continued lease. The firm has experienced a longstanding history of growth and has a well-trained, experience staff in place. The firm offers a great fee structure, a large number of business clients and is branded separately from the owner to assist with a smooth transition. The seller may be willing to offer some seller financing depending on the circumstances. Firm revenues are as follows:

Asking Price

$675,000

Annual Gross

$650,000

Revenue Breakdown:

32% Accounting, bookkeeping and payroll services

46% Income tax preparation services for individual clients

22% Income tax preparation services for business clients

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Asking Price

$1,200,000

Annual Gross: $1,200,000

Listing #: TX1043

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How to Buy With Confiedence

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 — ensures client retention and a smooth handoff.

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