Every practice is unique as well as the different factors buyers will look at when trying to establish a value for the practice. A few of the key components most buyers will review when looking at purchasing a practice include, but not limited to:

  • Location – (rural or metro area)
  • % of net income
  • Average billing rates
  • Quality staff in place
  • Is the practice portable or does the buyer need to maintain the space
  • Last 3 years of financials and which way the business is trending
  • Key client make-up
  • % of accounting, tax, audit, other services provided
  • Average fees per client