Description:
This new CPA Practice is located in the Southern Chicago Suburb area and has annual gross revenues of approximately $164,000. This firm despite being newly founded in 2018, it has grown drastically each year since its development. This lucrative practice boasts over a 70% cash flow to the owner and is composed of 58% accounting & bookkeeping services and 42% tax work. This practice would make an exceptional acquisition for an existing local firm, or for a CPA wanting to venture on their own. Despite the majority of the work being handled without seeing the clients, the owner believes the highest retention would be from someone in a local southern suburbs, especially to offer the local clients a place to drop off their information or set up a time to visit if necessary.