UPCOMING PPT WEBINAR:

Join us on Wednesday, August 18th @ 10 AM PST as we present the webinar, Selling Your Business for Top Dollar: Preparing, Planning, and Implementing a Profitable Exit Strategy.

This online continuing education course will cover a high-level overview of the various steps you should take to prepare, both in the long-term and short term, for a profitable sale of your business, valuation techniques that can help guide your decisions moving forward, and several key structural considerations to consider when entering into a deal with a prospective buyer.

Key topics covered in this online CPE webinar:

• What a buyer, banker, and buyer’s advisor will look for when performing due diligence?
• How much time does the selling process take including financing, due diligence, and closing?
• What are the practical post-closing considerations for you moving forward?

Listing 1160

Established tax practice opportunity in Snohomish County, Washington. The Practice’s service by revenue breakdown is 70.6% Tax Preparation, 26.7% Bookkeeping & Payroll and 2.7% Consulting. Established in 2006, the Practice has over 428 active clients and an excellent reputation in the community. The Practice’s extremely high client retention rate has resulted in approximately 79% of its revenue from repeat clients. The success of the Practice can largely be attributed to its established name and loyal clients who have grown to trust the services it provides. With a solid client base and a large amount of word-of-mouth referrals, this is one opportunity that you don’t want to miss.

Listing 1164

Private Practice Transitions is assisting a client located in Portland, Oregon, with the sale of a busy tax firm. With an established name and loyal clientele, this tax and accounting firm has created a trusted customer base. Conveniently located in Portland, the Practice is easily accessible from several freeways. The Practice’s service by revenue breakdown is 88% Tax Preparation, 8% Consulting, 2% Financial Statement Preparation, and 2% Bookkeeping. The Practice prepared and filed 120 returns in 2020 for its 120 active clients. It is estimated that of its current clientele, 90-95% will remain with the Practice after the transition to new ownership. With business services tailored to meet the needs of the greater Multnomah County community, this practice is a great opportunity for any buyer.

Listing 1165

Well-established attorney/tax practitioner selling entire tax preparation and planning, bookkeeping, and registered agent book of business. Located in the heart of Seattle, the prosperous business has seen 5% (2019-2020) YOY growth the last two (2) years while having an impressive 100% retention rate. As of June 2021, the business has approximately 350 active tax clients, many of which are high-net-worth individuals and closely-held businesses. There is currently one key staff member with tax preparation and bookkeeping skills who has developed an outstanding reputation with the business’s current clientele, and she would like to stay on with the new owner if desired. The business’s service by revenue breakdown is 88% Tax Preparation and Consulting, 8% Bookkeeping & Ancillary Services, and 4% Registered Agent Fees. The current owner is willing to mentor the new owner on client-related issues, provide transition services, and/or be on-call for an agreed-upon period of time to maximize the transfer of goodwill. 

Listing 1167

Private Practice Transitions is assisting a client located in Bothell, Washington with the sale of a well-established tax and accounting firm providing services to individuals and businesses in the Greater Seattle area. The Practice owes its success to its established name and loyal clientele who trust the services it provides. The Practice’s active client count of 650 speaks volumes about its reputation in the community. The service by revenue breakdown is 44% Tax Preparation – Individual, 28% Tax Preparation – Corporations, 8% Bookkeeping, 7% Tax Return – Partnerships, 6% Quarterly Tax Returns, 4% Management Advisory Services, and 3% Other. Over the past three years, the Practice has averaged an impressive gross revenue of approximately $761,000. One owner is willing to stay on as an employee for a year or more post-transition if desired.

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