Hernando County Florida CPA Practice for Sale | $365K Revenue | Tax, Bookkeeping and Payroll

Practice Overview:
ABA Advisors represents this CPA practice in Hernando County, FL. The owner wishes to retire but is willing to work with the buyer for a transitional period following closing to help with client retention.
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The practice was founded 28 years ago. The revenue is a good mix of individual and business tax clients, monthly, quarterly and annual bookkeeping and payroll. There is a solid bookkeeper with the firm that the owner anticipates will wish to continue working for the buyer. The practice operates with a 64% profit margin based on Seller’s Discretionary Earnings (SDE). The buyer of this firm must be a CPA.

Reason For Sale:

Seller is of retirement age. Seller(s) will sign a long term non compete for the client list.

Training & Support:

Seller is willing to provide transitional assistance to the buyer to assist client retention and is also open to working part time for the buyer for a transitional period to be determined. The bookkeeper is not aware of the sale but the owner feels the bookkeeper will wish to continue working for the buyer.