$700,000 Rev. Union County, NJ Pro
Business Description
This profitable CPA firm is paperless with most of the firms clients located in Morris, Somerset and Union Counties, NJ. There are some out-of-state 1040 type clients in FL, NY, PA, CA, CO, CT, MA & SC. 85% of the clients either mail, email, or use the portal to upload their information. Only 15% physically drop off their information to the firm. Client demographics are estimated to be as follows: Under age 30 - 5%, 35 to 50 - 20%, 50 to 75 - 70% and 76+ - 5%. The firm also uses engagement letters. The seller believes a buyer could relocate the office but would suggest doing it after 1st season unless buyer is local. The buyer of this firm must be a CPA. The owner and a senior CPA are open to continue working in the practice on a reduced per diem basis. Ideal buyer will be familiar with Lacerte, QuickBooks, and Sage Timeslips. Business ID: NJ-2125
About the Business
- Years in Operation
- 35
About the Sale
- Seller Motivation
- Seller is of retirement age.
- Transition Support
- As part of the purchase price the Seller is willing to provide a fixed transitional assistance period of time to the buyer to assist transitioning client records & relationships to the buyer to maximize client retention and minimize client loss. If any buyer wants the current owner / Seller to stay on past this period, they're open to continue working post close.
Listing Info
- ID
- 2430803
- Listing Views
Listing ID: 2430803 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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