Location: Alaska, Anchorage

Listing #: AK-08102020

Engagement: Sell-Side

Client Description: Single location CPA Practice - Tax & Audit w/$625,000 annual gross revenues.

Services Provided: 60% business & individual tax, 25% audit, 8% reviews, 6% compilations, 1% miscellaneous business valuation & other.         

Desired Purchase Terms: This transaction is to facilitate the succession plan of the owners. New Owner will need to be a CPA with recent audit engagement experience as well as complex corporate, business tax preparation experience. Asking $687,500 (1.1m x $625,000), seller finance to include, down payment at closing, remaining balance - fixed amount paid monthly. Seller Finance: AI 6% over 60 months, 5.5% over 48 months. Sellers are reasonable and flexible.

Time Frame: Motivated, not desperate to sell in 2020. Sellers are open to a deferred compensation upon reduced schedule or retirement. Additionally, sellers are willing to commit 1-3 years in order to successfully transition client engagements. Willing to go to a reduced schedule or billable time only through-out the transition period.

Ideal Buyer: Sr. Audit/Tax Manager with an existing book of clients, w/firm development experience and ownership ambitions. Or, firm of similar size, similar pricing schedule, interested in acquiring audit and tax engagements. Buyer will need to live in Alaska year-round. 

Marcuson-Beck & Associates M&A Advisors, LLC “MBA” acts as a “Finder” only, MBA is not a licensed real estate broker, securities broker or licensed dealer.  MBA has no authority to enter into commitments on Client’s behalf, hold funds or securities in connection with financing, or any act which would require the Finder to become licensed as a real estate broker, securities broker or dealer.