Description:
This CPA Practice for sale in the Rockford Area, IL has annual gross revenues of approximately $390,000. Focused on high-quality tax work, which makes up almost 80% of the income, the profitable practice boasts a solid fee structure and generates cash flow to owner of around 50% of gross revenue. The practice also provides some year-round accounting, payroll services, and special QuickBooks projects. It caters to a desirable client base, composed predominately of businesses and business owners, which should offer plenty of opportunities for expansion of services and continued growth through referrals and targeted growth area strategies. The firm has a knowledgeable, experienced staff in place to assist with a smooth transition and continued employment with the buyer. This practice is the perfect-sized, turnkey opportunity for an experienced professional ready to step into practice ownership. It would also make a nice addition for a nearby firm looking to expand.