$400,000 – Newport County, Rhode Island – CPA Firm

OVERVIEW - ABA Advisors represents this CPA firm in Newport County, RI. There is one CPA owner who wishes to help transition the clients to a CPA or EA buyer. The seller does not wish to work part-time after closing. THE PRACTICE - The current owner started the firm in the early 90’s. The firm services small business clients and individuals in the local community. The firm has a good mix of monthly and annual accounting work, tax work and payroll. The majority of the clients are located in Rhode Island and Massachusetts. 95% of the clients drop off their work and the remaining clients mail or send their information in electronically. The firm is not yet paperless. The firm does use engagement letters. No single client makes up 10% or more of the firms total revenue. Business ID: RI-2011

Reason For Sale:

Retirement.

Training & Support:

There is one CPA owner who wishes to help transition the clients to a CPA or EA buyer.