SOLD – This well-established, four-decade accounting, tax and attestation practice is located 90
minutes from Manhattan. The firm is thriving and on track to return Seller’s Discretionary
Earnings of ~$575,000 in 2024. The Practice revenues have steadily increased each year.
No single client represents over 10% of revenue. Compilations and Reviews (no audits)
make up about 10% of revenue. Tax software is UltraTax. Both Partners are looking to
retire. One soon. The other is willing to stay on, part-time, for a few years. Both will gladly
assist in client transition. This practice is a perfect opportunity for a CPA (or two) to strike
out on their own or it could be a great addition to an existing firm looking to expand.
