Hot Listing

Established 40 yr CPA Tax and Accounting Practice - Cuyahoga Falls, OH

Asking Price$225,000

Cash Flow
$90,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$225,000

InventoryNot Disclosed

FF&E$25,000
Included in asking price
Real EstateNot Disclosed

Meeting roomSave
Hot Listing

Established 40 yr CPA Tax and Accounting Practice - Cuyahoga Falls, OH


Asking Price$225,000

Cash Flow
$90,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$225,000

InventoryNot Disclosed

FF&E$25,000
Included in asking price
Real EstateNot Disclosed

Business Description
Strong client retention, above average fees, business and professional
Established CPA Tax and Accounting Practice with 40 years of proven success in Cuyahoga Falls, OH. This well-positioned firm generates $225,000 in annual revenue with $90,000 in seller's discretionary earnings, serving approximately 350 clients through a streamlined, efficient operation.

Business Overview:
Founded in 1984, this practice has built a loyal client base consisting primarily of small businesses, professionals, and executives. The firm prepares around 350 tax returns annually, with 300 individual returns (1040s) and 50 business returns (1120, 1120S, 1065, and 1041s). The business operates from its current location since 2008 in a growing area of Summit County.

Operational Efficiency:
The practice maintains an efficient workflow with minimal appointment scheduling during tax season. Clients utilize convenient drop-off, mail, email, and overnight delivery options, with typical turnaround times of one week. The seasonal schedule operates 9-4 Monday through Friday during tax season (some Saturday mornings), transitioning to a 4-day week (9-3, Monday-Thursday) post-season.

Key Strengths:
- Strong client retention with referral-based growth
- Above-average fee structure
- Streamlined operations requiring only one employee
- Established location in growing market
- Diverse client mix of individuals and businesses
- Efficient service delivery model

Growth Potential:
Significant expansion opportunities exist as the owner has not actively marketed for over 10 years. Services include tax preparation and planning for both individual and business clients, with potential to increase market penetration through renewed marketing efforts.

Transition Support:
The retiring owner offers up to 6 months of transition support to ensure seamless client retention and operational continuity. Financing options available with substantial down payment and negotiable terms.

This turnkey operation represents an excellent opportunity for a qualified buyer to acquire an established practice with strong fundamentals and untapped growth potential in a thriving Ohio market.
About the Business
Years in Operation
41
Number of Employees
1
Market Outlook / Competition
Business has been in current location since 2008, great growing area. Long term clients, new clients by referral. Cater to small business clients, professionals and executives. Above average fee structure.
Opportunities for Growth
Lot's of growth potential, I have not marketed for over 10 years. Tax preparation and tax planning for individual clients and new and existing business owners.
About the Sale
Seller Motivation
Retirement
Transition Support
Transition support for success offered for up to 6 months.
Financing Options
Substantial down, balance after 1 year retention. Negotiable.
Listing Info
ID
2391779
Listing Views
1036

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: John A Cindia

Listing ID: 2391779 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.