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Dallas/Ft Worth Area Established CPA Firm

Fast growing full-service accounting firm located in Fort Worth, Texas. Their 2021 revenue breakdown is approximately: 150K individual returns (800 clients), 225K business returns (200 clients), 100K bookkeeping (200 clients), 120K payroll (200 clients), 185K consulting; totaling 780K in revenue. The firm utilizes Ultimate Tax and QuickBooks as their tax and bookkeeping software. The Seller has quickly built their practice via word of mouth and online advertising. They are seeking to be bought out by another CPA firm or wealth manger. Ideally, the Seller would like to work for the next 5 years helping to continue to grow the practice and work closely with the Buyer. The business has an excellent staff of 6 full-time and 1 part-time employees and the Seller has a good employee pipeline for future hiring.


Listing ID:
3-2450
Industry:
Accounting Practices
Location:
Undisclosed > Dallas/Fort Worth
Revenue:
$914,163
Business Price:
$1,250,000
Down Payment:
$275,000
SDE (Cash Flow):
$551,399
Listing Agent:
Matt Sobieski
Years in Business:
<5 years
Employees (Full-Time):
6
Employees (Part-Time):
1
Reason for selling:
Seeking Strategic Buyer
SBA Financing Available:
Yes
Earnest money depositLimit for deposit is $50,000

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