Description:
This reputable Council Bluffs, IA CPA practice produces annual gross revenues of approximately $330,000.   Revenues are composed of about 77% tax preparation and 23% accounting services, including bookkeeping, payroll and compilation.   The firm has a well-established, high-quality client base that includes a large number of businesses and should provide ample opportunities for expansion of services.   In fact, the combined tax and accounting work for businesses constitutes about 50% of the annual revenues.   The practice has a solid fee structure and produces strong cash flow to owner.   It is an ideal size for an individual buyer starting out in practice.   It might also make a nice addition to a firm already in Council Bluffs or one looking to establish a branch office in this market.