Southern IL CPA Practice for Sale
 SOLD
Listing #: IL1159
Location:
Type:
Annual Revenue: $1,413,000
 Asking Price:
Presented by:
The Holmes Group
Toll-Free: 800-397-0249
Description:
BRING OFFERS! This CPA practice for sale in Southern Illinois, South of Interstate 70, has annual gross revenues of approximately $1,413,000. The seller motivated to sell and will entertain any offers from capable, qualified buyers who are in a position to begin transition soon. The price and financing terms are negotiable, and the seller is willing to offer a revenue guarantee/potential price adjustment based on retention of clients.   The practice revenues are nicely balanced between services to provide year-round income, including 23% from tax work, 35% from audit/review services, 22% from accounting/write-up work, and 20% from consulting, agreed upon procedures engagements, and other services. There is an experienced staff in place to provide continuity and capacity for growth. In addition, the seller is flexible about working for the buyer after closing to facilitate a smooth transition. This is the perfect opportunity for an experienced CPA ready to step into a profitable, turn-key practice with an established high-quality client base. It would also make a nice addition for another established firm seeking expansion in Southern Illinois.
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