Boutique CPA Firm for Sale in Desirable SW Charlotte, NC!

*purchase price approved by lender*

Firm Highlights include:
-Current year cash receipts are up 15%!
-Higher than average fees for personal tax of $892 and business tax of $1,892
-Low owner hours at 1,800
-Located in affluent Southwest Charlotte
-Cashflow to owner for 2024 will be 45%
-Additional service offerings in 2025 will increase revenue

2024 projections are $800,000. This boutique CPA practice for sale in affluent SW Charlotte, NC grows roughly 16% annually without formal marketing! This firm serves small businesses, individuals, and churches, and is well-known for its individualized client service. This practice has higher than average fees for personal tax at $892 and business tax rates are $1,892. The current owner only works 1,800 hours annually.
The firm does a mix of bookkeeping, tax, and payroll with a few reviews and tax audits. Their reputation for getting this work done is phenomenal which is reflected in the year over year growth. Referrals come from other professional services, CFPs, attorneys, and churches. The seller is currently adding tax advisory services to the service offerings and already has some commitments for 2025. This should add between $70,000 and $150,000 to the 2025 projections.
This firm is now completely paperless and all work can be accessed from a remote server. The owner has work-from-home flexibility and the team is loyal and trustworthy with remote work capability. A new buyer could easily plan on being in the office only two days a week for current clients who prefer in-person meetings and to foster in-town referral relationships.

Ideal Buyer:
The ideal buyer will have the heart of a teacher, showing that they are prepared to pay attention and provide outstanding customer service. They should be located close to SW Charlotte or be open to moving. A buyer within a one-hour radius of SW Charlotte would only need to commute a couple of days a week. The buyer should have a solid foundation in tax and accounting and at least five years of experience in public accounting. Since the owner now spends 40 to 50 percent of their time interacting with clients, this position would benefit greatly from a personable candidate who pays close attention to detail. The current owner has done a good job of building a long-term and loyal staff. A new buyer would be wise to keep a family-first approach to managing employees.


For more information please visit:
https://poegroupadvisors.com/practice/nc2088/