Business Description

This well-established accounting firm transitioned to a virtual setup in 2020, with a focus on recurring monthly and quarterly accounting services and tax returns accounting for 50% of revenues. With an average fee of over $1,050 for the 100 1040s prepared annually, the firm boasts a solid financial foundation, projecting a seller's discretionary earnings of approximately $210,000 in 2024. The business, based in the Philadelphia/South New Jersey area, offers an attractive opportunity for a CPA seeking to start their own practice or expand an existing firm, as there is minimal client concentration risk and the owner is willing to assist in transitioning clients and staff to a new owner post-sale. This thriving single-owner practice presents an ideal acquisition opportunity for a CPA looking to establish themselves in the industry or expand their existing portfolio. Boasting over 40 years of growth and a diverse client base, the firm's financial stability is underscored by its recurring revenue streams and minimal client dependency, with