St Charles CPA Firm

SOLD

There is so much to like about this St Charles CPA Firm! The business is well established, growing and in a great, visible location with easy ground floor access. The firm offers a nice cash flow to the owner and the owner is available to assist with a smooth transition after the sale. The office space is available for lease. The seller is seeking a CPA buyer.

Asking Price

$495,000

Annual Gross

$470,000

Revenue Breakdown:

32% Accounting, bookkeeping and payroll services

53% Income tax preparation services for individuals

15% Income tax preparation services for business and other clients

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How to Buy with Confidence

Our experience in the industry makes the transaction simple.

Icon of person with options surrounding them

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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