Schaumburg, IL CPA Practice for Sale
SOLD
Listing #: IL1074
Location:
Type:
Annual Revenue: $98,522
Asking Price: $160,000
Presented by: |
The Holmes Group |
Toll-Free: 800-397-0249 |
Description:
Schaumburg, IL CPA practice for sale has annual gross revenues of approximately $130,000. Â This quality practice has a well-established, loyal client base that includes a good number of full-service business clients, in addition to individual tax clients. Â It has a strong fee structure and minimal overhead costs to produce excellent cash flow to owner. Â The office however is on month to month and so you are welcome to move the practice to an alternate location if more convenient for you. Â Revenues are desirably mixed with business accounting, business tax, and outside consulting CFO/controller work making up 64% to provide year-round income. Â The balance 36% is individual tax work for approximately 91 clients averaging $526 per tax return. Â This would be the perfect growth opportunity for a local firm looking to expand their revenues by adding a high net worth clientele into their nearby location. Â Alternatively, it would be a nice start up for an individual CPA looking to get into business with a great mentor and transition assistance.
Schaumburg, IL CPA practice for sale has annual gross revenues of approximately $130,000. Â This quality practice has a well-established, loyal client base that includes a good number of full-service business clients, in addition to individual tax clients. Â It has a strong fee structure and minimal overhead costs to produce excellent cash flow to owner. Â The office however is on month to month and so you are welcome to move the practice to an alternate location if more convenient for you. Â Revenues are desirably mixed with business accounting, business tax, and outside consulting CFO/controller work making up 64% to provide year-round income. Â The balance 36% is individual tax work for approximately 91 clients averaging $526 per tax return. Â This would be the perfect growth opportunity for a local firm looking to expand their revenues by adding a high net worth clientele into their nearby location. Â Alternatively, it would be a nice start up for an individual CPA looking to get into business with a great mentor and transition assistance.
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