Sold
CPA
MKT-A-195
CPA Practice For Sale — Connecticut
Connecticut
Practice Type
CPA
Location
Connecticut
Staff
Not disclosed
Asking Price
$1.90M
Annual Revenue
$1.56M
SBA Eligible
N/A
Financial Profile
Revenue & Deal Metrics
The following metrics are derived from publicly available listing data. Full financial statements and SDE normalization are provided after NDA execution to qualified buyers.
| Metric | Value | Notes |
|---|---|---|
| Annual Revenue | $1.56M | Trailing 12 months gross |
| Sold At | $1.90M | Final sale price |
| Revenue Multiple | 1.22x | Market median is 1.15x |
Buyer Highlights
Why Buyers Look at Practices Like This
- Priced at or near the national market median. No speculation premium built in
- CPA practices attract a wide buyer pool: individual buyers, search funds, and PE-backed platforms
- Recurring revenue base: tax and accounting clients re-engage annually, supporting stable post-acquisition cash flow
- Seller transition support standard: typically 90–180 days of client introductions and knowledge transfer
Deal Structure
How These Deals Get Done
Dream Firms advises on deal structure but does not dictate terms. Final structure is negotiated between buyer and seller.
| Element | Typical Range |
|---|---|
| Down Payment | 10% (SBA) to 100% (cash) |
| Seller Financing | 0–30% of purchase price, 3–5 year term |
| SBA 7(a) Eligible | Verify with lender |
| Transition Period | 90–180 days standard seller support |
| Earnout | Negotiable, often tied to client retention |
| Asset vs. Stock | Confirmed post-NDA with legal counsel |
Details may change without notice. Verify all figures during due diligence.