- How do I get the details on a practice listed here?
- Email hello@accounting8.com with the listing reference (for example A8-2601), your name and firm, and whether you hold a CPA or EA license. We confirm the inquiry is from a genuine buyer and pass it to the seller, who sends a summary directly or through their broker, usually after a signed confidentiality agreement.
- Is there a fee to buyers?
- No. accounting8 charges neither buyers nor sellers. It is not a broker, is not a party to the transaction, and does not take a commission on a closing.
- Why don't the listings show the firm's name?
- Practice sales are confidential until a buyer is qualified, because clients and staff react badly to hearing a firm is for sale. The listings show the metro area, annual gross fees, asking price, owner cash flow, practice mix, transition and terms, and reason for sale; the name, client list, and financials follow after a confidentiality agreement.
- How are accounting practices priced?
- Small and mid-sized practices are usually priced as a multiple of annual gross fees, most often between roughly 0.8 and 1.3 times, adjusted for how recurring the fees are, client concentration, staff, and how long the seller stays on. Larger firms are priced on earnings (EBITDA). The valuation guide on this site walks through the ranges and their sources.
- Are these listings placed by brokers or by owners?
- Both are welcome. An owner can list directly, and a broker can list a client's practice with the owner's consent. The listing says which when details are released; either way the buyer deals with the seller's side directly.
- What does "gross fees" mean on a listing?
- The practice's total annual billings for the last full year, as reported by the seller and not verified by accounting8. Buyers should ask for the fee schedule by client and for three years of financials before making an offer.