Description:
This Tax & Accounting Practice for sale in the Waterloo Iowa Area with annual gross revenues of approximately $292,000. It is a well-established practice that specializes in accounting services for a diverse client base including physicians, dentists, and veterinarians. The quality client base includes a good amount of business clients, which should offer plenty of opportunities for expansion of services and continued growth through referrals. The practice also has excellent cash flow to owner of 60% of gross.  Revenues are nicely mixed between services to provide year-round cash flow, including 51% tax preparation, 42% accounting services, and the balance attributed to 5500 retirement plans and administration. This is the perfect-sized opportunity for an individual ready to step into a profitable practice with an established book of quality clients, an experienced staff in place to assist in a smooth transition, and future growth potential.