Full-service accounting practice with a broad U.S. client base

Description

Established certified public accounting practice providing comprehensive financial services to small and medium sized businesses across the United States.The firm serves approximately 65 to 70 recurring monthly bookkeeping clients and prepares around 200 individual and business tax returns annually.Revenue is generated through a range of services including monthly bookkeeping, quarterly financial reporting, budget preparation, forecasting, individual and corporate tax preparation, tax planning, audit support, and accounting system implementation. Client concentration is limited, with the five largest clients accounting for less than 20 percent of total revenue.The business operates using standardized monthly and quarterly closing procedures and consistent reporting formats. Fixed fee pricing provides predictable billing, while automated ACH payments collected at the beginning of each month support consistent cash flow and minimize collection issues. The virtual operating model allows for flexibility while maintaining service quality.The current owner oversees client relationships, project scheduling, business development, and staff coordination. Established communication procedures support efficient customer service and professional operations. The practice has also developed training programs that combine accounting software instruction with mentorship.Opportunities for growth include expanded marketing efforts, increased professional networking, greater emphasis on advisory services, and converting seasonal tax clients into ongoing bookkeeping relationships. The virtual business model supports expansion without geographic limitations.The seller is committed to a smooth transition and will provide support for up to 24 months. This includes training on systems and procedures, introductions to clients, and optional assistance with ongoing business development. The practice offers an opportunity to acquire an established accounting business with a recurring revenue model and an existing client base.