Your complete source for accounting practice sales, mergers, acquisitions, and financing.

FAQ

 Naab Consulting is eager to provide answers to your questions. Unlike other brokerage firms, Naab Consulting takes the time to analyze buyers’ and sellers’ needs.

Why do people sell their accounting firm?

 Accountants and CPAs are looking to sell their business for a variety of reasons. Retirement is the most popular reason but there are a few more you might not be aware of, such as:

  • Other business interest
  • Health concerns
  • Relocation
  • Burnt out
Q: How can Naab Consulting help me in selling my accounting practice?

We assist in selling your tax practice from start to closing. We begin by tailoring a customized marketing package for your firm. This helps us learn more about your practice so we can assist in setting the best price, terms and conditions of the sale based on current market conditions. We then target market to qualified prospective buyers and leads who are interested in accounting practice sales like yours.

Q: Does Naab Consulting provide assistance in financing accounting practice sales?

Yes, we do! When you are purchasing an accounting firm, take advantage of lenders we use throughout the U.S. who can lend up to 100% of the purchase price. This means that a buyer can purchase a CPA practice using the business’ cash flow.

Q: What are the standard market conditions for CPA and accounting practices for sale in my area?

Currently, accounting practices for sale through Naab Consulting are based on a multiple of gross billings with a client retention clause. The client retention clause helps to ensure a fair deal for both the buyer and the seller. Current market conditions and our experience help to set the proper asking price and terms for selling your tax practice. Practices values vary across the country so please contact us directly to discuss your area.

Q: Are there CPA practices for sale in my area?

We are happy to add your information to our database and keep you posted on any new accounting practices for sale in your area, as they become available. Just complete the buyer registration form at no cost or obligation.

Q: How long does the process of selling a CPA practice take from start to finish?

This depends on a variety of factors, but typically we can close a deal in whatever timeframe is desired by the owner.

Q: What do I do next?

Contact us today if you are interested in either buying an accounting practice for sale or selling an accounting firm. We are available any time. You can also Talk to Larry directly.