Description:
This thriving CPA practice for sale in a NNW Suburb of Chicago (in Lake County) has revenues to be sold of approximately $560,000 that are nicely balanced between tax, accounting, and write-up services to provide year-round income. There are a total of 527 clients with an average fee per client around $1,058 (some 1040 clients are billed with the corporate returns). Client breakdown includes: 374-1040's, 70-Corps, 19-Partnerships, 56-Trusts, and 8-other returns (5500, gift tax). In preparation for retirement, the partners have not been taking on many new clients; however, a marketing-oriented buyer has a terrific opportunity to tap the existing client base for new referral business and likely grow the client base substantially in the near future. This is an ideal opportunity for a seasoned CPA ready to step into a profitable practice. The partners are available to assist with a short transition and both key employees are available to stay on board to provide continuity and capacity for continued growth.