NE Arkansas CPA Firm
The Opportunity
This well-regarded practice operates as a second office for a prominent CPA firm. The owners are planning for retirement and are looking for a qualified CPA or EA to take the reins. With a loyal client base and a seasoned team already in place, this is an ideal “turnkey” opportunity for a first-time owner or an existing firm looking to expand its footprint. The office space is available for continued lease, ensuring a seamless transition for both staff and clients.
Practice Highlights
• Strong Foundation: Stable client retention and experienced staff.
• Growth Potential: High volume of business clients provides a solid base for additional advisory services.
• Turnkey Transition: Office location is available for long-term use post-sale.
Revenue Breakdown:
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How to Buy with Confidence
Our experience in the industry makes the transaction simple.
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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