South Central Kansas CPA Firm

NEW

The Opportunity
Located in the heart of Central Southern Kansas, this well-established CPA firm is known for its professional integrity and deep-rooted client loyalty. With a solid fee structure and a turnkey operational setup, this practice is primed for a seamless transition to a growth-oriented CPA.

Key Highlights
• Prime Reputation: A recognized name in the region with a stable, long-term client base.
• Mix of work: The firm boasts a diversified income stream with a healthy balance between recurring accounting work and high-value tax services.
• Operational Stability: The firm is fully equipped to remain in its current location, maintaining staff and client continuity.
• Expert Transition: The outgoing sellers are committed to your success and are offering assistance to ensure a smooth handoff.
• Growth Potential: Strong foundations in tax and accounting provide a perfect springboard for expanded advisory or consulting services.

Asking Price
$500,000
Annual Gross
$500,000
Revenue Breakdown:
25% Accounting, bookkeeping, and payroll services
48% Individual tax preparation
21% Business tax preparation
2% Tax planning
4% Miscellaneous professional 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.

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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.

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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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