SOLD
Tri-County Area Surrounding Peoria CPA Practice for Sale
Listing #
IL1147
Location
Annual Revenue
$1,500,000
Asking Price
$1,680,000
Type
Presented by: |
The Holmes Group |
Toll-Free: 800-397-0249 |
Description:
This CPA Tax & Auditing practice for sale in the Tri-County Area Surrounding Peoria has annual gross revenues of $1,500,000. Â The firm is well respected in the community and enjoys a quality client base, many of whom have been with the owner since the '70s, There is an excellent mix of services including 54% derived from tax and accounting services provided to a thriving group of businesses, while the remainder consists of 27% governmental accounting/auditing services, and 19% individual tax preparation. There is a solid, steady, and consistent monthly revenue stream, which helps provide year-round income and steady employment. There is a strong cash flow to owner of approximately 45%, which is well above industry standards for practices of this size. Â There is also an experienced, knowledgeable staff in place to assist a seasoned CPA looking to get into a successful practice or a firm looking to expand into the market.
This CPA Tax & Auditing practice for sale in the Tri-County Area Surrounding Peoria has annual gross revenues of $1,500,000. Â The firm is well respected in the community and enjoys a quality client base, many of whom have been with the owner since the '70s, There is an excellent mix of services including 54% derived from tax and accounting services provided to a thriving group of businesses, while the remainder consists of 27% governmental accounting/auditing services, and 19% individual tax preparation. There is a solid, steady, and consistent monthly revenue stream, which helps provide year-round income and steady employment. There is a strong cash flow to owner of approximately 45%, which is well above industry standards for practices of this size. Â There is also an experienced, knowledgeable staff in place to assist a seasoned CPA looking to get into a successful practice or a firm looking to expand into the market.
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