Free Firm Valuation — What Is an Accounting Firm Worth? | Dream Firms
Seller Intelligence · The Dream Firms Marketplace

What is an accounting firm worth? The median ask: 1.1× gross revenue.

Real asking prices from 1,393 priced listings — before we ask you for anything.

1.1×
median asking price
vs. gross revenue
1,393
priced listings
behind these numbers
2 in 100
listings asking
above 1.5× revenue

The market numbers come first — free on this page, no form to see them.
From three generations of accountants — including one who built, grew, and sold his own firm.

Show Me The Numbers Already know the market? Get your firm's range
01 · The Market, Upfront

What accounting firms actually list for

Revenue, asking price, and multiples from 1,393 priced listings. All 50 states. Updated weekly.

WHERE ASKING PRICES LAND — share of priced listings by multiple
Under 1.0×
~13%
1.0–1.2×
~60%
1.2–1.5×
~24%
Above 1.5×
~2%
Source: Dream Firms marketplace index, 1,393 priced listings. Median 1.1×. CPA and tax practices list at nearly identical multiples. Where owner earnings are disclosed, asks run about 2× those earnings. Shares computed 2026-08-05 (13/60/24/2, n=1,393).

Now the honest part: asking is not selling. These are asking prices — what sellers hope to get, not what buyers paid.

The Journal of Accountancy reports that small-firm sold prices have fallen from 1.5 to 2 times revenue a generation ago to roughly 0.75 to 1.2 times today. An asking price is an opening position, not a closing check.

The gap between what sellers ask and what sellers keep is where preparation pays. That gap is what the rest of this page is about.

Try It — No Form, No Email

Slide to your revenue. See the market's range.

This is the marketplace math, live: your gross revenue against the 1.0×–1.2× band where half of all priced listings ask.
Your annual gross revenue: $600,000
$600,000
at 1.0× · low half begins
$660,000
at 1.1× · the median ask
$720,000
at 1.2× · upper half begins
Market ranges from our marketplace's asking data — not a valuation of your firm. Your client retention, revenue mix, and owner earnings move you inside (or beyond) this band. That's what the quiz and an advisor pin down.
02 · The Levers

Three things move your number more than anything else

1

Client retention

The Journal of Accountancy reports that retention of acquired clients tends to be the single factor that most significantly affects a small firm's value in a sale — and most deals tie part of your proceeds to how many clients stay. Keep your clients through the transition and you keep your price.

2

Deal structure

Accounting firms have historically sold with 20–30% down, the balance paid over time as clients stay — what deal people call an earnout. A traditional collection deal — 20% down, then 20% of collections each year — puts nearly all of the retention risk on you, the seller. A big headline price on weak terms can pay you less than a smaller price on cash-heavy terms.

3

Provable owner earnings

Documented owner earnings give buyers a second yardstick beyond revenue. On our marketplace, where sellers disclose owner earnings, asking prices run about twice those earnings.

Know your number. Prepare your firm. Keep your clients.

Find Out Where Your Firm Stands

03 · The Question Behind The Question

What happens to my employees and clients?

It depends on the buyer you choose — and so does your price.

Clients stay where the people and the service feel familiar. The buyer who keeps your team and your culture protects the very thing your price rests on — the retention economics you just read.

So buyer selection is a people question and a money question at the same time. Choose the buyer first on how they will treat your staff and your clients — then talk price.

When we match sellers with buyers, we screen for exactly this with our Culture & Care Scorecardhow we choose buyers is at the bottom of this page.

04 · Step Two

Get your number

Seven questions. About two minutes. Personally reviewed by an advisor.

The market numbers are above. Now place your firm inside them.

Answer seven questions — about two minutes. Then a Dream Firms advisor personally reviews every submission — a real person, not an algorithm, not an auto-reply — and follows up on your firm's range: what it means and what would move it.

Tyler Clark built, grew, and sold his own accounting firm. He has sat on your side of this table.
No listing agreementNo obligationNo cost
Step 1 of 8 0%
Step 1 of 8

When are you thinking about selling?

Step 2 of 8

How is most of your revenue structured?

Step 3 of 8

How has your revenue trended over the last 2 years?

Step 4 of 8

What percentage of your revenue comes from your top 3 clients?

Step 5 of 8

How dependent is your firm on you personally?

Step 6 of 8

Do you have staff who would likely stay after a sale?

Step 7 of 8 · Financial Details

Your firm's numbers from the last 12 months.

Three figures. Your best estimates are fine — your advisor will refine them with you.

Gross revenue
$
Your total collected revenue before any expenses.
Total owner compensation
$
Include everything: W-2 salary, S-Corp distributions, profit-sharing, and any personal expenses run through the business.
Net income
$
Your P&L bottom line after all operating expenses, including what you paid yourself. If it was negative, enter 0. Your advisor will work through this with you.
🔒 This data is encrypted in transit and stored only upon full form completion.
Step 8 of 8 · Your Valuation

Where should we send your results?

Your full valuation analysis will be emailed within 1 business day.

Your advisor calls to walk you through the analysis.

We respect your privacy. Your information is never sold. Privacy Policy

🔐

Before we get to the numbers

Your financial information is 100% confidential. Never shared, never sold.
A mutual NDA is automatically sent to your email the moment you submit.
No financial data is stored on our servers until you complete and submit the full form.
All data is encrypted in transit via SSL/TLS. We do not use it for advertising or profiling.
A Dream Firms advisor, not an algorithm, reviews every submission personally.
Valuation Complete

Here is your estimated firm value.

This is an automated estimate for general guidance only, not a formal valuation, appraisal, or offer. It's based on current market multiples for small accounting/CPA firms and your self-reported inputs; actual value depends on diligence, deal structure, and buyer demand. Your advisor will email a full written analysis within 1 business day.

Estimated Firm Value
Based on your Seller's Discretionary Earnings and qualitative scoring
Seller's Discretionary Earnings
Estimated SDE Multiple
Gross Revenue
How we calculated this

We start with your Seller's Discretionary Earnings (SDE), your net income plus owner's compensation, because that's the real profit a buyer is acquiring. We then apply a market multiple reflecting what accounting, CPA, and bookkeeping firms actually sell for (typically 1.7–3.2x SDE), and adjust it up or down based on the factors below.

This is your starting number, not your ceiling.

This range is a conservative, data-driven baseline. Things a short quiz can't capture (a profitable niche, a premium client roster, clean books, or the right strategic buyer) can push your firm's value higher. The only way to know your real number is a conversation. Let's find it together.

Free 30-Minute Call

Talk through your valuation with a Dream Firms advisor.

No pitch. No pressure. Just a real conversation about what your firm is worth and what a sale could look like for you.

Walk through your valuation range and what's driving it
Understand current buyer demand for your firm profile
Get honest feedback on timing: is now the right time to sell?
Ask anything. All conversations are protected under your NDA.
📬

Your NDA has been sent

Check your inbox. Your mutual NDA arrived the moment you submitted. Your full written valuation analysis will follow within 1 business day. Book the call above and we'll walk through everything together.

05 · The Payout, Explained

How a firm sale pays out

The price is a headline. The proceeds are a schedule.

Most accounting firm deals tie the seller's proceeds to client retention over a defined period. The common structures: a one-year retention period, a two-plus-year retention period, or a full-collection deal where you're paid as the buyer collects.

Historically, firms have changed hands with 20–30% down and the balance paid out over time as clients stay. The traditional collection deal — 20% down, then 20% of collections per year — leaves nearly all of the retention risk on the seller.

So the question isn't whether retention terms exist. It's how the risk is split: the size of the down payment, the length of the guarantee, what happens when clients leave for reasons you can't control. Every point of structure you negotiate is money you keep.

How long does it take?

Ask two advisors how long your sale takes; you'll get two different answers. Published estimates run from three months to two years. Plan your timeline around the structure of your deal, not around anyone's promise.

Start With Your Number — Get Your Firm's Range

Prefer to read? Seller financing, explained in plain English

06 · Broker Or By Owner

You didn't build your firm in a weekend. Don't let anyone price it in one phone call.

Selling without a broker? Signing with one? Know the economics either way.

Some owners sell on their own. Some sign with a broker. If you go it alone, we would rather arm you than sign you: our marketplace shows revenue, asking price, and multiples upfront, so you can study what firms like yours ask before you talk to anyone.

Before you sign anything, know three things.

The fee

Practice brokers typically charge around a tenth of your sale price — paid by you, the seller.

The lock-in

Listing agreements typically grant the broker 6 to 12 months of exclusivity, and they are binding once signed. One warning sign to watch for: tail clauses claiming a commission for 12–24 months after the agreement ends, without a named list of the buyers the broker introduced.

The flattery trap

"Buying the listing" — inflating your valuation to win your signature — is a documented industry red flag. One broker treats your number as your life's work. Another treats it as this month's quota. Same firm, very different outcomes.

$240,000
On a $600,000-revenue firm, that's the distance between one advisor's opinion at 0.7× and another's at 1.1×. Same firm. Same clients. That's not a rounding error — that's your retirement.

Every broker will value your firm for free. Get more than one opinion before you sign anything.

Get A Second Number — It Commits You To Nothing

07 · Free Seller Education

The Seller Curriculum: learn the whole sale, free

Free education for firm owners thinking about selling. A structured seller curriculum. No cost.

What Your Firm Is Worth
Preparing the Firm for Sale
Finding and Qualifying Buyers
Deal Structures and Earnouts
Due Diligence Without the Panic
Transition and Client Retention
Life After the Sale

Every lesson is built around plain learning objectives — "after this lesson you'll be able to…" — so you know exactly what you'll walk away with before you spend a minute.

The lessons are on the way. Want the full arc in one read today? The complete guide covers it, start to finish — no form, no email.

Read The Complete Guide

Private equity is buying accounting firms — what it means for sellers
Or start with your number — get your firm's range.

08 · Who Is Answering These Questions?

Three generations of accountants — including one who sold his own firm

Tyler Clark sold the accounting firm he built and grew himself. He has been the seller — the person deciding what the firm is worth, who deserves the clients, and what life looks like after.

His family has spent three generations in the profession. His father's firm, NCI, generated over $1 billion in new revenue for accounting firms across 30-plus years. Our mission now: generate $1 billion of new client wealth.

"My experience with Dream Firms has been outstanding. They are masters at their craft and most importantly to me, they do what they say they are going to do. Low risk, high upside. No brainer." ★★★★★  Timothy Oppelt
"DreamFirms is nothing short of amazing. The team understands the Accounting space and never stops delivering on its promises. I highly recommend DreamFirms!" ★★★★★  Jim Loeffler, Intune LLC Business Advisors
09 · When You're Ready

We don't list your firm. We hunt your ideal buyer.

Dream Exit Matchmaking — for firms billing $300,000 to $10 million.

No public listing of your firm. We go find the buyer who fits — screened with our Culture & Care Scorecard, so your clients and your team land with someone who deserves them. And the whole engagement runs on one principle: if we don't perform, we don't get paid.

Results-only fee

If we don't successfully close a transaction that you sign and fund, you pay us $0.

You choose the deal, not us

We only earn a fee when you voluntarily sign a purchase agreement you're happy with. If you don't like the deal, you don't sign — and we don't get paid.

Five serious buyers, guaranteed in writing

Five culture-fit buyer meetings within 120 days — financially qualified, pre-screened, ready to move — so you're never forced to take the first offer.

No retainers. No valuation fees. No "marketing" fees.

We invest the time and cost of packaging and marketing your firm. We only recover it when your sale closes.

The full guarantee stack — buyer approval, disclosure control, weekly transparency, walk-away rights — is spelled out on the Second Opinion page and in every engagement letter. No sale, no fee; terms and conditions apply.

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