Certified Public Accounting (CPA) Firm
Business Description
Description:
The Company is a certified public accounting (CPA) firm specializing in financial statement preparation, tax return preparation, tax planning, tax consulting, and other financial services for businesses and individuals.
Key Aspects:
• Revenue and adjusted EBITDA grew at compound annual growth rates (CAGRs) of 6.2% and 7.5%, respectively, from 2021 through 2024.
• The Company maintained an impressive average adjusted EBITDA margin of 62.0% from 2021 through 2024.
• Minimal client concentration: no single client generated more than 3.4% of the Company’s revenue in 2024.
• Approximately 95% of the Company’s revenue in 2024 was derived from repeat clients, according to management.
• Dedicated and experienced staff members: the Company's key employees have tenures of 17 and 20 years.
Opportunities:
• Search engine optimize the Company’s website to increase online visibility and reach more potential clients.
• Establish a formal outbound marketing campaign to reach new clients.
• Increase the Company's market share through geographic expansion.
• Build advisory services and expand other non-tax services to capture clients outside of the typical CPA-seeking clientele.
Headquartered:
• Mid-Atlantic, US
Current Markets:
• The Company serves businesses and individuals in the Mid-Atlantic, US.
Real Estate:
• The Company operates from a 1,679 sq. ft. facility leased from an unrelated third party.
• Management notes that the company is relocatable.
Shareholder Ownership:
• The Company is owned by two shareholders, 95% and 5%.
• The majority shareholder is seeking retirement but is open to remaining with the Company for a predetermined period following a sale to facilitate a smooth transition to new ownership.
The Company is a certified public accounting (CPA) firm specializing in financial statement preparation, tax return preparation, tax planning, tax consulting, and other financial services for businesses and individuals.
Key Aspects:
• Revenue and adjusted EBITDA grew at compound annual growth rates (CAGRs) of 6.2% and 7.5%, respectively, from 2021 through 2024.
• The Company maintained an impressive average adjusted EBITDA margin of 62.0% from 2021 through 2024.
• Minimal client concentration: no single client generated more than 3.4% of the Company’s revenue in 2024.
• Approximately 95% of the Company’s revenue in 2024 was derived from repeat clients, according to management.
• Dedicated and experienced staff members: the Company's key employees have tenures of 17 and 20 years.
Opportunities:
• Search engine optimize the Company’s website to increase online visibility and reach more potential clients.
• Establish a formal outbound marketing campaign to reach new clients.
• Increase the Company's market share through geographic expansion.
• Build advisory services and expand other non-tax services to capture clients outside of the typical CPA-seeking clientele.
Headquartered:
• Mid-Atlantic, US
Current Markets:
• The Company serves businesses and individuals in the Mid-Atlantic, US.
Real Estate:
• The Company operates from a 1,679 sq. ft. facility leased from an unrelated third party.
• Management notes that the company is relocatable.
Shareholder Ownership:
• The Company is owned by two shareholders, 95% and 5%.
• The majority shareholder is seeking retirement but is open to remaining with the Company for a predetermined period following a sale to facilitate a smooth transition to new ownership.
Listing Info
- ID
- 2349572
- Listing Views
- 355
Attached DocumentsAttachment Disclaimer
Teaser_v_3_BN000047860_Certified_Public_Accounting_CPA_Firm.pdf
Listing ID: 2349572 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.