SOLD
Springfield Area CPA Practice for Sale
Listing #
IL1170
Location
Annual Revenue
$434,000
Asking Price
$450,000
Type
Presented by: |
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The Holmes Group |
Toll-Free: 800-397-0249 |
Description:
This CPA tax and accounting practice for sale in the Springfield Area has annual gross revenues of approximately $434,000. The practice is highly profitable, generating strong cash flow to owners of around 75% of gross. The practice has a solid fee structure in place and revenues are nicely mixed between tax work (73%) and accounting services (27%) to provide year-round income. 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. This is an ideal opportunity for a seasoned CPA ready to step into a profitable practice primed for growth with an established book of business and staff in place to assist with transition along with one partner, if desired.
This CPA tax and accounting practice for sale in the Springfield Area has annual gross revenues of approximately $434,000. The practice is highly profitable, generating strong cash flow to owners of around 75% of gross. The practice has a solid fee structure in place and revenues are nicely mixed between tax work (73%) and accounting services (27%) to provide year-round income. 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. This is an ideal opportunity for a seasoned CPA ready to step into a profitable practice primed for growth with an established book of business and staff in place to assist with transition along with one partner, if desired.
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