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.

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

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