Naab Consulting is pleased to represent a well-established CPA practice for sale in the Canton, Ohio area (Reference: OH-7631). For accountants or firms looking to grow through acquisition rather than slow organic growth, this practice offers a stable, loyal client base and a straightforward path to ownership.
A Loyal, Long-Tenured Client Base
One of the standout features of this practice is client retention. Roughly 70% of clients have been with the practice for more than 10 years, a strong indicator of trust and satisfaction that any buyer can build on from day one. Approximately 90% of the client base is located in Stark County, Ohio or an adjacent county, giving the practice a strong, geographically concentrated foundation.
The practice has also been proactively streamlined in recent years, with the seller stepping away from lower-margin relationships to focus on higher-value clientele, leaving a leaner, more profitable book of business for the next owner.
A Low-Maintenance, Established Workflow
About 70% of clients drop off, mail in, or upload their tax records rather than requiring in-person appointments. This workflow reduces the administrative burden on staff and makes the practice well suited to a buyer looking to maintain efficiency while growing the client base.
Transition and Financing Support
The seller is retiring but would prefer to remain active on a part-time basis after closing, giving the incoming owner valuable continuity during the transition. The seller is also available to assist for a reasonable transition period to help ensure client relationships carry forward smoothly.
This practice has been pre-qualified by our lenders for bank financing, with up to 90% bank and seller financing available for qualified buyers. Additional funds are available for working capital and equipment if desired, making this an accessible opportunity for buyers at various stages of their careers.
Office and Technology
The practice currently operates in a shared office arrangement with four offices plus a reception area. A buyer could continue in the current space or relocate the client base a reasonable distance without disrupting retention. The practice runs on Drake and QuickBooks software.
Interested in Learning More?
Additional information on this practice, including detailed financials, is available to qualified buyers upon completion of our confidentiality agreement. There is no fee to register as a buyer.
Contact Naab Consulting today to learn more about this opportunity or to discuss your acquisition goals:
Brian Naab, Business Development Officer
Naab Consulting
(888) 726-6282
Info@NaabConsulting.com
www.NaabConsulting.com