Franklin, MA CPA Practice for Sale
Business Description
This new CPA practice for sale in Franklin, MA is projected to gross $1,750,000 in 2026!
The practice has desirable, diversified revenue streams in place including individual tax, business tax, fiduciary/non-profit/HOA tax, reviews and audits, and bookkeeping/consulting/misc. In total, nearly half of all revenue is derived from services provided to business clients, ensuring year-round income and a workload that is not entirely concentrated in tax season.
The firm is well-staffed, with 6 full-time and 2 part-time employees the seller believes will transition with new ownership provided they are treated and compensated in a similar manner. Many of these staff members are senior employees who will not only be able to help create a smooth transition but also handle much of the service delivery. Combine this with the fact that the seller has been able to substantially reduce their owners in recent years and new ownership should be well positioned to capitalize on the well-oiled operational structure already in place. The seller is also willing to assist with the transition for the first tax season after closing.
Located in an affluent and desirable area, this is a unique opportunity for a seasoned CPA that can handle the assurance work/business clients to take over a well-respected, established turn-key practice with efficient processes in place. It would also make for a strong addition to an existing firm seeking to take on more revenue before the coming tax season!
The practice has desirable, diversified revenue streams in place including individual tax, business tax, fiduciary/non-profit/HOA tax, reviews and audits, and bookkeeping/consulting/misc. In total, nearly half of all revenue is derived from services provided to business clients, ensuring year-round income and a workload that is not entirely concentrated in tax season.
The firm is well-staffed, with 6 full-time and 2 part-time employees the seller believes will transition with new ownership provided they are treated and compensated in a similar manner. Many of these staff members are senior employees who will not only be able to help create a smooth transition but also handle much of the service delivery. Combine this with the fact that the seller has been able to substantially reduce their owners in recent years and new ownership should be well positioned to capitalize on the well-oiled operational structure already in place. The seller is also willing to assist with the transition for the first tax season after closing.
Located in an affluent and desirable area, this is a unique opportunity for a seasoned CPA that can handle the assurance work/business clients to take over a well-respected, established turn-key practice with efficient processes in place. It would also make for a strong addition to an existing firm seeking to take on more revenue before the coming tax season!
About the Business
- Years in Operation
- 38
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Retirement/Health
Listing Info
- ID
- 2555224
- Listing Views
Listing ID: 2555224 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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