Selling a firm isn’t just about numbers—it’s about finding the right fit. This $550K Long Island tax and bookkeeping practice had no successor, a lean team, and a retiring Managing Partner looking for a smooth transition.

We generated five Letters of Intent (LOIs), but all initial offers were structured with low cash upfront and multi-year earn-outs. The seller ultimately chose the buyer with the strongest cultural alignment, ensuring continuity for clients and a seamless handoff.

The final deal? A 1x multiple, 10% cash at closing, a two-year employment contract, and a three-year earn-out with a guaranteed balance—giving the seller financial security while providing the buyer a clear path to integration.