The seller works from home and has very little overhead. The clients can be easily incorporated into an existing practice. A new CPA can work from his/her home, or a small office.
Most of the clients are located between Princeton, NJ and Philadelphia.
Solo practitioner CPA is selling his practice to get into a new venture. This practice is perfectly set up for acquisition by an existing firm, or a new CPA with a desire to jump start his/her practice. There are about 70 total clients consisting of individuals and businesses. The business clients needs are budgeting, cash flow projections, payroll, and QB consulting. One growing business client makes up a large portion of the revenue, and this client can be easily transferred to the new owner and will continue to grow. The individual clients primarily require tax preparation.
The seller is very flexible with the terms of the sale.
The seller does very little marketing. The practice has grown through word of mouth and referrals.
The seller will stay on as long as the buyer would like to make introductions to all of the clients and insure a smooth transition. The seller would even consider working for the buyer on a part time basis.