First, a note from our President and Founder:

"It's officially spooky season, and as the leaves change colors and the air becomes crisp, there's a sense of excitement in the air. With Halloween just around the corner, it's the perfect time to embrace the supernatural and mysterious. Whether you believe in ghosts or simply enjoy the thrill of a good scare, this time of year brings a special kind of magic. As the President and Founder of Private Practice Transitions, I can't help but draw parallels between this eerie season and the transitions that occur in the business world. Just like the ghosts and ghouls that come out to play, there are often unexpected twists and turns in the journey of selling or buying a private practice. But fear not, because, with our expertise as business brokers, we are here to guide you through the process and ensure a smooth and successful transition. So, let's embrace the spooky vibes and embark on this exciting adventure together!"

- Justin Farmer, Esq., CBI

President & Founder of Private Practice Transitions

If you are the proud owner of a tax and accounting practice, physical therapy clinic, or any other professional service business and have been considering selling it for a lucrative price, our team of skilled business brokers is here to help you. We specialize in providing accurate business valuations and expert guidance in preparing your business for a successful sale. Reach out to us today and let us assist you in maximizing the value of your business. Get in touch with us today!

OPINION OF VALUE SERVICES:

Get a full business valuation from PPT

As you contemplate bringing your practice to market, you may find yourself pondering its true value. Rest assured, as Certified Business Intermediaries, we possess the expertise to conduct a comprehensive Opinion of Value (OOV) that incorporates various factors. Our valuation process entails evaluating your business by comparing it to similar transactions, analyzing the trends in gross revenues, SDE (seller's discretionary earnings), and EBITDA (earnings before interest, taxes, depreciation, and amortization). Additionally, we consider both tangible and intangible elements that set your business apart. The result? A meticulously crafted, 6 to 10-page report that succinctly summarizes the robustness of your enterprise and provides an accurate estimation of its open-market worth.

To avail yourself of our invaluable opinion of value services, simply reach out to our Business Systems & Financial Analyst, Mike Proa, MAI.

FEATURED BLOG:

Retaining Clients When Buying An Accounting Practice

Ensuring client retention is of utmost importance for the prosperity of an accounting firm following a purchase or merger with new ownership. Our latest blog post provides valuable insights on how to retain clients when acquiring an accounting practice. Read more here: Retaining Clients When Buying An Accounting Practice.

Listing 1219

Over the past 49+ years, this virtual Arizona Practice has offered a wide range of tax and accounting services to both business and individual clients. The Practice’s 2022 service by revenue breakdown was 34% Accounting Services, 21% Business Tax Returns, 21% Individual Tax Returns, 13% Payroll Services, and 11% Consulting and Other Services. Over the past three (3) years, the Practice has averaged gross revenue of approximately $800,000 (2020-2022). In 2022, the Practice brought in over $930,000 in gross revenues which was a ~30% YoY increase from 2021. As of July 2023, the Practice has approximately 696 active clients. The Practice has eight (8) staff members including the Owner who is willing to provide transition assistance and help with goodwill transfer, business development, and other “mentoring” functions for an agreed-upon period. With a great reputation and loyal staff amenable to helping the Practice continue to thrive, the Practice is poised for a sizeable increase in revenue under new ownership. 

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