Virtual Virginia-Based CPA Practice – High-Margin & Fully Remote
Business Description
BUSINESS OVERVIEW
This established virtual CPA practice offers an exceptional opportunity to acquire a profitable, fully remote accounting firm with demonstrated growth and strong operational efficiency. Founded in 2018, the practice has consistently grown revenue by approximately 20% annually while maintaining exceptional profitability through streamlined virtual operations.
FINANCIAL PERFORMANCE
The practice has shown steady and consistent growth in both revenue and earnings. In 2024, revenue totaled $115,384 with net income of $87,351 and SDE of $94,220. Year-to-date results through September 30, 2025, show revenue of $106,325 with net income of $85,856 and SDE of $89,665. Full-year 2025 projections call for revenue of $139,615, net income of $113,015, and SDE of $117,854, reflecting approximately 20% year-over-year growth and a strong SDE margin.
CLIENT BASE & SERVICES
The practice serves 81 clients comprising 52 individuals, 28 businesses, and 1 trust across Virginia and neighboring states. Strong client diversification ensures no single client represents more than 10% of revenue, reducing concentration risk. Services include bookkeeping, individual and business tax preparation, payroll processing, and advisory services. Approximately 50% of revenue comes from monthly recurring contracts, providing predictable cash flow.
OPERATIONS & EFFICIENCY
Operating entirely from a home office without commercial lease obligations, the practice maintains streamlined systems for maximum efficiency. The owner currently works 1,600-2,100 hours annually as sole practitioner. Additional revenue includes profitable software subscription resales with minimal effort required. Strong client retention rates have remained consistent since inception.
This established virtual CPA practice offers an exceptional opportunity to acquire a profitable, fully remote accounting firm with demonstrated growth and strong operational efficiency. Founded in 2018, the practice has consistently grown revenue by approximately 20% annually while maintaining exceptional profitability through streamlined virtual operations.
FINANCIAL PERFORMANCE
The practice has shown steady and consistent growth in both revenue and earnings. In 2024, revenue totaled $115,384 with net income of $87,351 and SDE of $94,220. Year-to-date results through September 30, 2025, show revenue of $106,325 with net income of $85,856 and SDE of $89,665. Full-year 2025 projections call for revenue of $139,615, net income of $113,015, and SDE of $117,854, reflecting approximately 20% year-over-year growth and a strong SDE margin.
CLIENT BASE & SERVICES
The practice serves 81 clients comprising 52 individuals, 28 businesses, and 1 trust across Virginia and neighboring states. Strong client diversification ensures no single client represents more than 10% of revenue, reducing concentration risk. Services include bookkeeping, individual and business tax preparation, payroll processing, and advisory services. Approximately 50% of revenue comes from monthly recurring contracts, providing predictable cash flow.
OPERATIONS & EFFICIENCY
Operating entirely from a home office without commercial lease obligations, the practice maintains streamlined systems for maximum efficiency. The owner currently works 1,600-2,100 hours annually as sole practitioner. Additional revenue includes profitable software subscription resales with minimal effort required. Strong client retention rates have remained consistent since inception.
About the Business
- Years in Operation
- 7
- Currently Relocatable
- Yes
- Currently Home Based
- Yes
- Facilities & Assets
- Tangible assets (office equipment, furniture, and related supplies) are not included in the sale but may be negotiated separately if desired.
- Market Outlook / Competition
- The practice primarily serves clients throughout Virginia, with a small number in neighboring states. Most new business comes from client referrals and professional relationships. While competition includes both local firms and national virtual providers, the practice differentiates itself through responsiveness, clear communication, and personalized, high-quality service in a fully remote model.
- Opportunities for Growth
- Strong potential exists to expand advisory and consulting services, add staff to increase capacity, or enhance marketing through SEO and digital outreach. The recurring revenue model and documented SOPs make the practice easily scalable for a buyer seeking to grow a virtual firm or integrate it into an existing operation.
About the Sale
- Seller Motivation
- Owner is pursuing a career transition outside of public accounting.
- Transition Support
- Seller will provide up to six months of transition support (approx. five hours per week) to ensure client continuity and operational confidence. Additional assistance available at an hourly rate. Buyer will also receive guidance on systems and processes, along with introductions to the seller’s professional network that serves as a strong source of client referrals.
Listing Info
- ID
- 2384241
- Listing Views
Listing ID: 2384241 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.
