First, a note from our President and Founder:

As we find ourselves well into 2024, the impact of rising inflation is becoming increasingly apparent to many. If you're contemplating the sale or purchase of a private practice, you might be curious about how inflation could affect the transaction. As a business owner, it's crucial to consider how inflation influences the selling price of your business. Keeping abreast of market trends and economic indicators that hint at potential shifts in inflation rates is key. Consulting with financial professionals and utilizing expert valuation services can empower you to make well-informed decisions and grasp the true value of your business. Reach out to our team for specialized guidance and support in navigating the sale of your business, ensuring you're well-prepared to seize the right opportunity.

- Justin Farmer, Esq., CBI

President & Founder of Private Practice Transitions

FEATURED BLOG: 

Can You Stay On After Selling Your Business? 

Selling your private practice can be a strategic decision for many reasons. While some may find it hard to completely step away from their profession, the question of whether you can continue on after selling your business may arise. It's common to receive encouragement to stay involved, even if you're no longer at the helm. Keep reading to learn more in our newest blog, "Can You Stay On After Selling Your Business?"

Listing 1237

Over the past 18+ years, this Scottsdale Practice has offered a wide range of tax and accounting services to both business and individual clients. As of June 2024, the Practice has approximately 917 active clients. The Practice’s service by revenue breakdown is 50% Accounting, 29% Individual Tax and 21% Business Tax. Over the past three (3) years, the Practice has averaged gross revenue of approximately $1,210,320 (2021-2023) and in 2023, brought in over $1.3M in gross receipts! The Practice’s success can largely be attributed to its established name and loyal clients who have grown to trust the services provided by the Practice. The Practice currently employs four (4) individuals, including the owners, who are willing to provide transition assistance and help with goodwill transfer, business development, and other “mentoring” functions for an agreed-upon period of time. To take advantage of this exciting business opportunity, call us at 253.509.9224 or email info@privatepracticetransitions.com, with "1237 Successful Maricopa County Tax & Accounting Practice" in the subject line.

Listing 1238

Established in 2011, this successful King County Practice has provided tax preparation and consulting services to countless clients. As of June 2024, the Practice has approximately 1,161 active clients. The Practice’s service by revenue breakdown is 100% tax and tax consulting. In 2023, the Practice brought in gross receipts of just under $1.5 million, with the trailing twelve month (TTM) gross receipts over $1.67 million. Additionally, the Practice is highly profitable with a 41.7% EBITDA to Sales over the last twelve months. The Practice owes much of its success to its well-known reputation and dedicated clients who trust its reliable services. The Practice currently employs seven (7) individuals, 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 of time. To take advantage of this exciting business opportunity, call us at 253.509.9224 or email info@privatepracticetransitions.com, with "1238 Highly Profitable Seattle Tax & Accounting Practice" in the subject line. 

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