Longtime Accounting and Tax Firm for Sale in Southeastern PA

Price: $280,000

Location: Southeastern PA

Industry: Accounting and Tax Practices

Listing ID: 41361061099

Listing Status: New


Since 1971, this small accounting and tax firm has served a stable mix of individuals, partnerships, corporations and non-profit organizations. There is a staff of 5 including the long-time owner and CEO. In addition to the CEO, there is a CPA who has been with the firm for more than 30 years, 2 staff accountants and an administrative person. The firm does personal and business tax returns and prepares financial statements for businesses and 990's for non-profit organizations. The firm does no marketing or advertising and relies on referrals and high client retention.

This firm has a high percentage of long time, loyal, stable clients who generate consistent revenues and profitability for the firm. The CEO is a meticulous record keeper and can produce detailed records about the number of clients in each of the main categories of personal tax preparation, partnership work, corporate work and non- profit work. He can produce detailed reports showing revenue per client and much more. He also meticulously tracks billable hours for each employee and pays variable compensation based on each person's personal production.

The firm's clients are concentrated in eastern and northern Lancaster County and throughout Berks County. The main office is in Lancaster County with a satellite office in Berks County. The Lancaster County building is owned by the seller and is available for lease, purchase or the business can be relocated.

Features Include:

- Over 100 years of staff experience in accounting and tax
- 4 dedicated, loyal, and experienced employees who will likely stay with the business
- Long- time client relationships…..consistent annual revenue $750,000+/-
- Diversified, stable and recurring revenue from a diversified client mix
- Clean peer reviews
- Seller will assist with the transition
- Motivated Seller due to health issues
- Reasonable expectations for purchase price and transaction terms

This is an excellent opportunity for: a strategic buyer who desires to add a clean, stable, profitable operation to its business or an experienced accountant who desires to own his/her own practice. The Seller desires to sell due to health issues and age but is committed to ensuring a smooth transition to the new owner.


Down Payment: $280,000

Total Sales: $749,192

Cash Flow: $137,231



Accounts Receivable: N/A


Inventory: N/A


Non-Owner Payroll: N/A


Real Estate: N/A

Monthly Rent: N/A

For more information on this listing, please complete our Non-Disclosure Agreement