Lowell Area CPA Firm

CPA firm for sale located in greater Lowell area, providing traditional tax and accounting services to individuals and businesses. Annual revenue from tax and bookkeeping is around $570K, plus additional from the advisory practice. Current owner will remain for up to two years, initially full-time, followed by part-time. Please reach out to Kristin Wells at kwells@masscpas.org.

Please list your firm’s top 5 practice areas (by revenue): Individual Taxes, Business Taxes, Bookkeeping

Please list your firm’s gross revenues for the past 5 years: 2021 568k 2020 563k 2019 513k 2018 464k 2017 430k

Single owner or multiple owners?: Single

How many owners will want to remain a part of the practice after the sale?:  I will remain for up to two years, initially full-time, followed by part-time

How many leaders (not including owners) are there?: One

How many leaders (not including owners) will want to remain a part of the practice after the sale?: Depends on the terms

Will you be selling outright and plan to retire?: Yes

How many existing technical staff are willing to stay after the sale?: Definitely two accountants.

How many existing administrative staff are willing to stay after the sale?:  One of the accountants is handling administrative functions. Currently looking for another accountant.

Will you consider financing over time?: Yes

Are you willing to relocate?: No