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Tax Practices for Sale

A successful accounting firm with offices in Newton MA and Nashua NH would like to sell off the personal tax portion of their business in both locations to focus on the A&A portion of their practice.

Date Posted

November 07, 2023

A successful accounting firm with offices in Newton MA and Nashua NH would like to sell off the personal tax portion of their business in both locations to focus on the A&A portion of their practice. Both locations have a well-established client list and are meant to be sold separately. Owners will help to facilitate a successful transfer. Approximate Gross Revenue: Newton $280,000; Nashua $70,000.

Please list your firm’s top 5 practice areas (by revenue): Audit and Accounting Corporate Tax Peer Review Personal Tax Advisory services

Please list your firm’s gross revenues for the past 5 years: 1m+ Each Year.

Single owner or multiple owners?: 2 Shareholders

How many owners will want to remain a part of the practice after the sale?: Both shareholders. We are only Selling The Personal Tax.

How many leaders (not including owners) are there?: N\A

How many leaders (not including owners) will want to remain a part of the practice after the sale?: N\A Selling Personal Tax Only

Will you be selling outright and plan to retire?: No

How many existing technical staff are willing to stay after the sale?: N/A, to be determined who goes with the Personal Tax Practice

How many existing administrative staff are willing to stay after the sale?: N\A To be determined.

Will you consider financing over time?: Yes

Are you willing to relocate?: N\A