Private Practice Classified Ad

Established Seattle CPA Practice: Private Practice Transitions is assisting a client, located in Seattle, Washington with the sale of a busy CPA firm. The firm’s service by revenue breakdown is 100% Income Tax Preparation and Planning Services. The firm filed over 350 tax returns in 2019 for both businesses and individuals and has three staff, including the owner. The firm is completely turn-key and ready for new ownership. The owner is willing to stay on for up to one year to assist with the transition to new ownership. For more information email “Listing #1114 - Established Seattle CPA Practice” to info@privatepracticetransitions.com or call 253.509.9224. (posted 8/5/2020)

Highly Profitable Oregon Tax Practice: Private Practice Transitions is assisting a client in Washington County, Oregon with the sale of a highly profitable, turn-key, private tax practice. The service breakdown is 72% Tax Preparation & Planning, 25% Accounting and Write-up, and 3% Other. In 2019, the Practice brought in over $1.1 Million in gross receipts and has approximately 550 active clients as of July 2020. The Practice has shown consistent YoY growth each of the last three years, is well known in the community for providing the highest level of customer service and employs nine (9) staff including the owners. Email "Listing #1113 – Highly Profitable Oregon Tax Practice" to info@privatepracticetransitions.com or call 253.509.9224 to learn more. (posted 8/5/2020)

Profitable South King County Tax & Bookkeeping Practice: Private Practice Transitions is assisting a client, located in South King County, with the sale of a busy tax and bookkeeping firm. The firm’s service by revenue breakdown is 65% Tax Preparation, 33% Accounting & Bookkeeping and 2% Other. The firm filed approximately 200 tax returns in 2019 and has three staff, including the owner. The firm is completely turn-key and ready for new ownership. The owner is willing to stay on for up to three years to assist with the transition to new ownership. With weighted seller’s discretionary earnings (SDE) of over $268,000, you don’t want to miss out on this great opportunity. Email “Listing #1112 Profitable South King County Tax & Bookkeeping Practice” to info@privatepracticetransitions.com or call 253.509.9224 (posted 7/10/2020)

Profitable Kitsap County Tax & Accounting Practice: Private Practice Transitions is assisting a client, located in Kitsap County, with the sale of a busy tax and accounting firm. The firm’s service by revenue breakdown is 75% Tax Preparation and Planning, 20% Accounting and 5% Payroll Services. The firm filed 385 tax returns in 2019 and has three (3) staff including the owner. The firm is in a fantastic location, is completely turn-key and ready for new ownership. With average gross revenues over $250,000 the last three years (2017-2019), you don’t want to miss out on this practice with great growth potential. Email “Listing #1111 - Profitable Kitsap County Tax & Accounting Practice” to info@privatepracticetransitions.com or call 253.509.9224. (posted 6/15/2020)

Bellevue Tax & Accounting Practice: Private Practice Transitions is assisting a client, located in Bellevue, Washington with the sale of a busy tax and accounting practice. While tax preparation accounts for about 65% of the firm’s business, 35% comes from accounting services. The firm is centrally located in a well-established, thriving market, and is poised for explosive growth under new ownership. The firm employs seven staff, including the owner, in a fully furnished office. On average, the firm files ~400+ tax returns each year for its clients. With average gross revenues just under $500,000 the last two years (2018-2019), you don’t want to miss out on this amazing opportunity. Email “Listing #1107 Bellevue Tax & Accounting Practice” to info@privatepracticetransitions.com or call 253.509.9224. (posted 6/15/2020)

Profitable West Seattle Tax Practice: Private Practice Transitions is assisting a client, located in West Seattle, with the sale of a busy tax and bookkeeping firm. The firm’s service by revenue breakdown is 95% Tax Preparation, 4% Bookkeeping and Ancillary Services, and 1% Other. The firm has over 1,400 active clients and is completely turn-key and ready for new ownership. The firm is centrally located in a well-established, thriving market, and is poised for explosive growth. With average gross revenues over $350,000 in 2018, you don’t want to miss out on this great opportunity. Email info@privatepracticetransitions.com or call 253.509.9224. (posted 5/27/2020)

Highly Profitable Seattle-Based Tax & Audit Practice: Private Practice Transitions is assisting a client in the Seattle area with the sale of a highly profitable, turn-key, private tax and audit practice. The service breakdown by revenue is 43% Tax Planning and Preparation, 35% Audit, 14% Accounting, Bookkeeping and Consulting, and 8% Other. The owners of the Practice also own their building and are open to selling it as part of the transaction, if desired. With last year’s gross revenues of over 2.4M, 10.7% year-over-year growth as compared to the previous year, and approximately 800 active clients, you don't want to miss out on this exciting opportunity. Email info@privatepracticetransitions.com or call 253.509.9224. (posted 5/27/2020)

Growing South King County Tax & Bookkeeping Practice: Private Practice Transitions is assisting a client, located in Kent, Washington with the sale of a busy bilingual (English & Spanish) tax and bookkeeping practice. While Tax preparation accounts for approximately 30% of the firm’s business, 50% comes from Payroll, 15% Accounting and Bookkeeping, and 5% other services. The firm is centrally located in a well-established, thriving market, and is poised for explosive growth under new ownership. The firm employs seven (7) staff, including the owner, in a fully furnished office and files over 800 tax returns each year. With 2019 gross revenues over $430,000, you don’t want to miss out on this amazing opportunity. Email “Listing #1102 Growing South King County Tax & Bookkeeping Practice” to info@privatepracticetransitions.com or call 253.509.9224. (posted 5/27/2020)


APS Classified Ad [2]

(WA 1144) Bellingham/Ferndale Area: This CPA practice is a full-service practice including attestation services in the professional services rendered. The firm revenue percentages are income tax 54%, auditing 28%, reviews 13%, with the balance being consulting engagements. The practice is filled with many long-term clients, with low turnover, who provide the practice with new client referrals, that include a high number of client’s with multiple engagements involving personal, business, and fiduciary returns. This firm provides excellent net cash flow to the owner and is a great opportunity to move into ownership or expand your existing practice. To assist in the acquisition of the firm, the Seller will finance a significant percentage of the purchase price provided the Buyer makes a sizable down payment and has excellent credit and collateral.

(WA 1143) Centralia/Chehalis/Olympia Area: This CPA tax practice is for sale. The firm revenues are 100% income tax preparation providing the opportunity to grow by either adding write up services or continuing the rapid growth experienced in tax services. The profit pf the practice is excellent with approx. 75% pf fees being realized by the owner. In addition, the fees are excellent and allow for this firm to fit nicely into any practice regardless of the size of the firm. The practice is an ideal opportunity for any individual or firm looking to start or expand a firm with little to no changes.

(WA 1142) Southwest Washington: This full service CPA practice with a small audit practice is for sale. The firm has focused on client service in all its years. As a result, all of the firm’s clients are the result of client referrals who make up a solid group of clients with little if any turnover. In addition, the firm has a balanced work load through the year to avoid the frantic pace some firms have during tax season. This management approach makes the work year and summertime enjoyable for all concerned. The profitability of this firm is excellent easily being in the highest percentile of comparable sized firms with fee averages well above the norm. This practice fits any number of potential buyers regardless of size and client composition who are looking for a solid and stable firm for a spring board to future growth.

(WA 1141) Seattle: This CPA practice is unique in that it provides a wide variety of governmental accounting and attestation services. These services include performance audits, attestation services, and internal control assignments. The firm is filled with many loyal clients with long term relationship who consistently utilize the professional services of the firm. Reflecting the commitment and desire to provide the best transition possible, the Seller’s are insistent on providing a hands-on transition for the Buyer of this excellent practice. This firm offers a unique opportunity for any practitioner or firm to immediately be a force in the arena of governmental accounting services. Any firm with experience working in this field of professional services will have an advantage in acquiring this practice.

(WA 1138) Seattle-Financial District: This EA practice is 100% tax services with per return averages of approx. $1,500 per return for all professional services rendered. With the growth of the Seattle metro area, a high percentage of clients have opted to mail in their returns. As a result, the practice uses a home office and an office time share for its facilities. The result is a very reasonable charge for office facility expense. If desired, the office arrangements could be a more traditional in nature with an accompanying increase in monthly obligation for the increased office square footage. All of these qualities in this practice make for an excellent addition to any firm’s client base with excellent average fees that make this an easy decision.

(WA 1133) North East Washington/ Stevens County: This CPA firm located in North East Washington is a tax and accounting practice with a small amount of write up during the year. The practice revenues consist of income tax preparation and consulting 97% and write up 3%. The firm’s fee structure is excellent with realization rates that are the equal of any firm regardless of size. The strength of the firm is found in the cash flow to the owner that is well above the norm reflecting the excellent management practices of the Seller. This firm is the perfect fit for a professional looking for an excellent opportunity coupled with a pace and style of life that is not big city. When combined with a Seller who seeks to provide a good transition, this firm provides opportunity that many seek but few find in moving to ownership.

(WA 1126) Island County: This well-established enrolled agent practice is for sale. The firm is well balanced with a tax practice that produces 75% of revenue and a write-up practice that generates the balance. The practice is well positioned for future growth due to having a solid staff serving long-term clients. The Seller is retiring but will be available to assist in transition. For any firm looking for a satellite office, an existing practice wishing to branch out, or an individual who has aspirations of getting out on their own, this practice is an excellent choice. The Seller, to assist in the sale, will consider financing the purchase of the practice provided the Buyer makes a substantial down payment and has excellent credit and collateral.