Utah Tax and Accounting Practice, Two Offices

Description

This established Utah tax and accounting practice serves 898 active clients from two offices, one on the Wasatch Front and one in the Uintah Basin. Client concentration is unusually low: the largest single client is 2.72% of revenue and the top fifteen combined stay under 17%. Thirty-seven percent of clients buy two or more services across tax, bookkeeping, and payroll, generating 60% of client billings, and roughly 90% of the book recurs annually by industry convention. In CY2025 the practice generated $845,118 in revenue and $355,063 in seller's discretionary earnings, a 42.0% margin, with SDE up 24.3% over two years, and through June 2026 revenue is running 6.6% ahead of the same period in 2025. Client relationships have transferred twice without disruption. The referral base traces back sixty years with no marketing spend. One partner retires at closing with 30 days of transition support; the second continues 12 months as a contractor. SBA financing is available through a preferred