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Great location in sought-after Hoover. This practice has experienced tremendous growth and has the potential to grow rapidly through referrals, which have largely been turned away due to the owner's time constraints. The largest client has indicated a desire to refer many business associates to the practice who are looking for assistance with their accounting and compliance needs. The client base is unique in that most of the revenue is generated by one group of clients that interact with one another but have different ownership. The owner would like to have some role after closing in order to transition the clients to a new owner and to add new business that the owner believes will materialize if the owner remains involved in some capacity for some period of time. The owner will consider a retention-based deal that includes upside potential to compensate for the anticipated new client additions.
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