Established, profitable Utah tax preparation and accounting practice with 898 active revenue-generating clients, offered at $1,295,000. Eight years of continuous operation from two physical offices in structurally different Utah regional economies. Adjusted EBITDA has grown 49 percent over the last two years (26 percent two-year CAGR).

Financial highlights (CY2025):

• Gross revenue: $841,355

• Adjusted EBITDA: $244,640

• Two-year Adjusted EBITDA CAGR: 22 percent

Client book highlights:

• 898 active clients

• Top 15 clients under 17 percent of revenue combined

• Largest single client only 2.72 percent

• 37 percent of clients bundle two or more services (tax, bookkeeping, payroll), driving 60 percent of revenue

• 90 percent-plus recurring revenue by industry convention

SBA financing pre-approved. A preferred SBA lender has issued a term sheet for this transaction. Indicative structure for a qualified buyer:

• 10-year SBA 7(a) term loan of $1,289,500

• Roughly 10 percent buyer equity injection

• $90,000 working capital funded via the SBA loan and delivered to the buyer at close

• $100,000 revolving line of credit available if additional working capital is needed (undrawn at close)

Final terms remain subject to buyer qualification, full underwriting, and a third-party business appraisal. An SBA loan cannot exceed the appraised value.

Same-NAICS expansion pathway.

Buyers who already operate a tax preparation practice (NAICS 541213) may qualify for the SBA 7(a) expansion-loan pathway with reduced or zero equity-injection requirement, subject to lender and SBA approval.

Operating model:

Predominantly digital delivery. QuickBooks Online integration, secure client portal, remote-capable workflow across all service lines. A buyer does not need a large in-person footprint to operate the practice.

Regional footprint:

Two Utah offices in complementary regional economies. The professional-services book anchors one office; the second office serves the rural energy and agriculture economy with a 21-year-tenured senior tax preparer anchoring long-standing community relationships.

Structured transition:

Both selling partners are committed to a clean handoff. One exits at close and provides 30 days of transition support at no charge. The second continues as a 1099 contractor for 12 months post-close, with that continuing role funded through the SBA structure. Institutional bookkeeping staff (10-plus year tenure) transfers with the practice.

Real estate:

Not included. Both office leases assign at close.

Ideal buyer:

An existing tax or accounting firm operator looking to add a diversified, high-margin book (possibly via the SBA same-NAICS expansion pathway with reduced equity), or an independent buyer (Enrolled Agent, CPA, or seasoned tax professional) ready to step into a standalone practice with staff and systems already in place.

A signed Non-Disclosure Agreement is required for the Confidential Business Profile, financial detail, tax returns, and SBA term sheet. Contact Lynn Lee and Mike Lee at First Choice Business Brokers Utah, teamsummit@fcbb.com or 435-800-4400.