Description:
This well-established and profitable practice for sale is in Downers Grove, IL and produces annual gross revenues of approximately $415,000. The practice provides individuals and small businesses with quality and professional tax and accounting services. The loyal, long-term client base includes a good amount of business clients, which should offer plenty of opportunities for expansion of services and continued growth through referrals. Approximately 85% of the revenue is derived from tax-related work and the remaining 15% from accounting/bookkeeping services that provides for year-round income. Specializing primarily in income tax services the practice has a solid fee structure and has consistently generated strong cash flow to owner in excess of 60% of gross. With a knowledgeable, long-term staff in place and the owner is also available to assist in an extended transition as needed, this practice is the perfect size, turn-key opportunity for any experienced CPA ready step into a quality practice with great growth potential. It would also make an easy and profitable addition for an established practice in the area looking to expand.