- The firm generates $8.0 million of gross revenue, which is supported by $4.0 million of revenue per partner based on two partners.
- Consulting and tax each account for 40% of revenue, indicating a diversified service mix with meaningful non-audit recurring work.
- Audit represents 20% of revenue, providing a balanced practice profile rather than heavy dependence on assurance alone.
- The firm reports 30,000 billable hours, which indicates a substantial operating base for its current size.
- The practice includes 40 specialized niches, showing a broad set of defined service areas within the firm.
- EBOC at 50% suggests a mid-range earnings profile that may limit valuation relative to higher-margin firms.
- The firm has only 2 partners supporting $8,000,000 of revenue, creating key-person and succession risk that can affect buyer confidence.
- Revenue is spread across audit at 20%, tax at 40%, and consulting at 40%, indicating limited service-line dominance and potential earnings sensitivity if any one line softens.
- With 50 staff and 30,000 billable hours, the practice is relatively small in scale, which can constrain operating leverage and integration appeal.
- Increase audit and tax mix depth, as these recurring compliance lines together represent 60% of revenue and can support steadier cash flow and valuation quality.
- Expand the consulting practice, which already contributes 40% of revenue, to improve growth and margin potential if the firm can maintain its 50% EBOC level.
- Leverage the 40% specialized niche exposure to deepen expertise and differentiate the firm, supporting pricing power and more defensible client relationships.
- Build scale around the current two-partner, 50-staff structure to reduce key-person concentration and improve operating leverage, especially given the 4.0 million revenue per partner profile.
- Improve partner succession resilience, since both partners are around age 50, to protect continuity and reduce transition risk over the medium term.
- Revenue is concentrated in consulting and tax work, which together account for 80% of gross revenue, leaving the firm more exposed to swings in those service lines than a more diversified practice.
- The firm has only two partners, so leadership, client management, and succession risk are elevated if one partner reduces involvement or exits.
- Partner age is 50, which suggests succession planning may need to be addressed in the medium term to avoid a future transition gap.
- Specialized niches represent 40% of the practice, indicating meaningful dependence on niche expertise that may be harder to replace or scale if key personnel change.
- With 50 staff supporting $8.0 million of gross revenue and 30,000 billable hours, the firm may face operating leverage pressure if utilization or realization softens.