Growing San Francisco CPA Firm for Sale!

Firm Highlights:

-4 CPA owners and over 10 highly qualified employees
-The management team has 7-29 years of experience at the firm
-All owners are available and flexible to stay with the practice post-sale either full or part-time
-5% growth YTD in cash receipts – the firm typically grows about $400,000 a year and with extra capacity, the
growth can be much higher.
-Their referral network of professionals has been fostered for over 30 years including investment advisors,
specialty investment firms, tax attorneys, and realtors
-Many long-term clients have large family networks and have net worth’s ranging from $25 million to several
hundreds of millions. The age range, longevity, and personal wealth of these clients is highly desirable.
-The average tax return preparation fee for personal and business is approaching $5,000 per return

This four-partner CPA firm is a boutique tax practice specializing in accounting and tax services for mid to high-net-worth families and their entities. The firm’s services include equity compensation tax services for tech and biotech founders, S-Corp formation, and foreign income reporting. The firm’s owners have meticulously designed every aspect of the business to ensure top-quality work, high productivity, and exceptional customer service. The service mix is 57% personal tax returns, 29% business tax, and the rest of the book consists of consulting and accounting services. 2023 gross income was $3,344,783 and on accrual basis was $3,687,000. Their average revenue growth is approximately $400,000 for the past three years.

With 6 CPAs and 1 EA, this firm is well-equipped to handle high-level tax problems by being solution-oriented and proactive. Their personable approach and passion for what they do is felt among the clients who entrust them. Clients are very loyal, often providing further referrals. The clientele includes attorneys, corporate execs (Google, Apple, Amazon, etc.), tech founders, and top real estate agents. This practice attracts and maintains high-quality clients who see the value in the quality work, exceptional service, and overall client experience.

All partners are looking to retire in the next 2-5 years and want to find an entrepreneurial buyer who will continue to grow the firm, keep the strong legacy, and take great care of their employees and clients.

This is a rare opportunity for a buyer seeking an exemplary practice with a great reputation, strong fees, qualified staff, growing margins and a sought-after book of clients.

For more information please visit:
https://poegroupadvisors.com/practice/ca2011/