South St Louis County CPA Firm

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The Opportunity
Seize the opportunity to acquire a thriving, well-balanced CPA practice in South St. Louis County. Boasting a strong fee structure and excellent cash flow to the owner, this firm is perfectly positioned for a seamless handover. The practice features a highly experienced staff and a loyal client base that provides steady, year-round revenue. The current owner is approaching retirement but is fully committed to staying on for a customized transition period to another CPA to ensure client retention and operational continuity. Best of all, the practice can remain in its current, well-situated location.

Key Highlights
• High Profitability: Strong fee structure yielding impressive net margins and consistent cash flow to the owner.
• Diversified Revenue Mix: Highly desirable mix that balances steady monthly recurring revenue with profitable tax season surges.
• Turnkey Operations: A seasoned, efficient staff is already in place.
• Sticky Client Base: Long-standing, loyal clientele with a high retention rate.
• Turnkey Location: No need to relocate; the practice is fully set up to continue operating out of its current office.
• Flexible Transition: The retiring seller is eager to assist the new CPA owner to ensure a flawless transition.
• Financing Available: Lending options are available for qualified buyers.

Asking Price
$1,400,000
Annual Gross
$1,275,000
Revenue Breakdown:
39% Accounting, Bookkeeping, and Payroll Services
34% Individual Income Tax Preparation
14% Business Client Income Tax Preparation
6% Trust Tax Preparation Services
7% Audits, Reviews, & Compilations

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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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