As we approach the end of the year, this season always prompts meaningful reflection. I speak with practice owners every week who are thinking about their next chapter, whether that means preparing for succession, exploring a sale, or simply understanding where their practice stands in today’s market. If any of that is on your mind, now is an excellent time to get started.
One of the most valuable steps you can take is obtaining an Opinion of Value. It provides a clear, data-driven picture of what your practice is worth and helps you plan strategically for the future. The market continues to shift, and having an updated valuation ensures that you enter the new year informed, prepared, and positioned for success.
If you’re considering a transition in 2026 or beyond, I encourage you to reach out. My team and I are here to help you evaluate your options, understand your value, and build the right plan for your goals.
Wishing you and your loved ones a joyful and productive season.
- Justin Farmer, Esq., CBI
President & Founder of Private Practice Transitions
DAD JOKE OF THE WEEK:
Why don’t you ever see Santa in a hospital?
Because he has private elf care.
FEATURED BLOG:
Private Equity’s Entrance and Impact Within
the Accounting Sector
Accountants may picture themselves selling their business to someone less experienced in the industry when they feel ready to sell. Or they may think they will end up selling it to the owner of another accounting firm who is hoping to expand their customer reach. However, another type of buyer is currently gaining traction in the sector that you may not be aware of: Private equity (PE) firms. Although you may associate PE firms with the manufacturing or technology industries, they’ve begun to enter the accounting space over the last several years. Read our new blog, Private Equity’s Entrance and Impact Within the Accounting Sector, to learn about the number of PE deals happening right now in accounting and the advantages you can enjoy by selling your practice to a PE firm.
Over the past 31+ years, this Practice has represented clients across a wide spectrum of personal injury matters throughout central Washington. As of November 2025, it maintains approximately 183 active client files, with service revenue derived 100% from Personal Injury cases. Including the Owner, the Practice is supported by a team of nine (9) total staff, all of whom are fluent in Spanish – an important contributor to client communication, accessibility, and market reach. The Practice has also developed deep expertise in trucking accident litigationandtraumatic brain injury (TBI) cases, two high-value practice areas that have meaningfully strengthened its case mix and contributed to rising revenues. From 2022–2024, the Practice averaged approximately $2.5 million in annual gross revenue. For the September 2025 TTM period, gross receipts exceeded $3.7 million – an impressive 37.9% increase over 2024. This growth is fueled by the firm’s established name, specialized case expertise, highly skilled staff, and long-standing reputation for aggressive, results-driven representation. The Owner is willing to provide transition support and assist with goodwill transfer, business development, and other mentoring responsibilities for an agreed-upon period to help ensure the buyer’s return on investment.
LISTINGS COMING IN 2026!
Listing 1246 - Premier Tax & Accounting Business for Sale
Listing 1252 - Thriving King County Tax & Accounting Practice
If you are interested in our December Featured Listing, or any listings coming available in 2026, email us and indicate the listing name and number in the subject line or call us at 253.509.9224.
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