Hot Listing
Established CPA Practice with Recurring Revenue in Auburn, AL!
Business Description
Nearly 30 Years of Goodwill | Recurring Revenue | Loyal Client Base
Exceptional opportunity to acquire a well-established CPA practice with roots dating back nearly 30 years. Serving individuals and businesses throughout the growing Auburn-Opelika market, the firm generates predictable recurring revenue from tax preparation, bookkeeping, payroll, accounting, financial statement compilations, and consulting services.
The practice enjoys an outstanding reputation, a loyal client base, and strong referral business, making it an ideal acquisition for an individual CPA or an existing accounting firm seeking geographic expansion. The owner is selling to spend more time with family, creating an outstanding opportunity to acquire a profitable, turnkey practice with significant growth potential.
The practice enjoys an outstanding reputation, a loyal client base, and strong referral business, making it an ideal acquisition for an individual CPA or an existing accounting firm seeking geographic expansion. The owner is selling to spend more time with family, creating an outstanding opportunity to acquire a profitable, turnkey practice with significant growth potential.
About the Business
- Employees
- 3 (2 Full-time, 1 Part-time)
- Facilities & Assets
- The practice operates from very attractive, professional office premises in a convenient Auburn location that is easily accessible for both individual and business clients. The office provides a welcoming environment, is well suited to the firm's current operations, and offers sufficient space to support future growth.
- Market Outlook / Competition
- Demand for accounting and tax professionals remains strong as businesses increasingly outsource financial management and compliance functions. Combined with the continued economic and population growth in the Auburn-Opelika area, current market conditions provide an attractive opportunity for a buyer to acquire and expand an established accounting practice.
- Opportunities for Growth
- The practice offers significant opportunities for continued growth under new ownership. A purchaser could expand recurring bookkeeping and monthly accounting engagements, increase payroll and outsourced CFO services, grow QuickBooks consulting and cloud-based accounting solutions, and cross-sell tax planning and additional advisory services to the existing client base. Further opportunities include developing complementary revenue streams through life insurance and strategic revenue-sharing relationships with asset management firms, while continuing to strengthen relationships with local businesses, entrepreneurs, and professional service firms throughout East Alabama.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,545
- Rent
- $3,800.00 per month
- Lease Expiration
- 8/31/2029
About the Sale
- Seller Motivation
- Family Reasons
- Transition Support
- Seller will provide an agreed period of training and transition (up to one tax season) to the new owner. Additional training/consulting may be available, if required and to be agreed upon by all parties.
Listing Info
- ID
- 2526014
- Listing Views
- 114
Listing ID: 2526014 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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