Professional Services Jacksonville, FL 12 employees

30-Year Regional CPA Firm, Diverse Services

Established regional CPA firm with 30-year track record and strong referral base

About This Business

Established regional CPA firm with 30-year operating history in Jacksonville, Florida. The firm serves approximately 185 individual and business clients across construction, healthcare, and professional services sectors. Service mix is 55% tax preparation, 25% compilations and reviews, and 20% bookkeeping and advisory. Approximately 70% of revenue comes from recurring annual engagements. Client retention averages 9 years. All workpapers digitized on cloud-based platform.

Key Highlights

185 active clients across construction, healthcare, and professional services

Average client tenure of 9 years — strong referral-driven acquisition

70% of revenue from recurring annual engagements

No single client exceeds 7% of total revenue

Two long-tenured senior managers (12 and 15 years) capable of running operations

Fully cloud-based — all client files accessible remotely

Owner willing to stay 12 months post-close as of counsel

Financial Overview

Annual Revenue	$1.4M
EBITDA	$320k
Revenue Growth (YoY)	4.5%
Year Founded	1994
Employees	12

Reason for Selling

Managing partner is 68 and has had no family members interested in taking over. Sale to a regional consolidator or PE-backed platform allows the firm to maintain its local identity while gaining resources to compete.

Documents Available in Data Room

Financial Statements

Tax Returns

Operational Documents