Description:
This CPA practice is seeking a merger and/or sale.   The practice is very typical in that the majority of revenues are from income tax with the balance in write-up and consulting services.   Without question, the owner is the rainmaker and driving force behind this practice.   Given the need for an exit strategy, the owner wants to begin the process f transitioning the practice via merger or sale.   The buyer would acquire a substantial practice with a sizable client base, an owner who wants to effectively transition toward his/her successor, and a commitment to continue in the rainmaking role while rendering professional services at a lesser pace than the past.