Business Description

This well-established tax, accounting, payroll, and consulting practice based in West Palm Beach, FL is seeking new ownership as the three retiring partners are looking to sell. With a diverse client base including closely held businesses, physicians, individuals, and trusts, the firm has been operating for 40 years and is paperless, utilizing DocuWare as their system. Clients are primarily located in Palm Beach County, and the firm uses engagement letters and has undergone a recent peer review in 2022. Potential buyers for this practice should be CPA qualified, and the retiring partners are willing to assist in the transition of clients to ensure a smooth handover. The firm's client information is shared with 47% dropping off documents in person and 53% via email or mail. Notably, no single client represents more than 10% of the firm's annual revenue, offering a diversified income stream. The retiring partners recommend a presence in Palm Beach County for the new owner to maximize the practice's potential for