SOLD
North Shore, Lake County IL CPA Practice for Sale
Listing #
IL1182
Location
Annual Revenue
$347,000
Asking Price
$475,000
Type
Presented by: |
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The Holmes Group |
Toll-Free: 800-397-0249 |
Description:
This CPA Tax & Accounting Practice for sale in the North Shore area of Lake County has annual gross revenues of approximately $347,000. Revenues are nicely mixed between services to provide year-round cash flow including: 57% tax preparation and research, 31% accounting services, and 8% consulting & miscellaneous services. There is a strong fee structure in place generating solid cash flow to owner near 40% of gross. There is an experienced staff in place to assist with transition and provide capacity for continued growth. In addition, the seller is flexible with regards to transition and would be available to assist through a single tax season or continue working for the buyer for a few years (terms to be negotiated) to ensure maximum client retention should the buyer desire. This is a perfect opportunity for a CPA or experienced accountant ready to jump into practice ownership with an established book of business or an easy, profitable addition for an established practice looking to expand their operations and/or footprint.
This CPA Tax & Accounting Practice for sale in the North Shore area of Lake County has annual gross revenues of approximately $347,000. Revenues are nicely mixed between services to provide year-round cash flow including: 57% tax preparation and research, 31% accounting services, and 8% consulting & miscellaneous services. There is a strong fee structure in place generating solid cash flow to owner near 40% of gross. There is an experienced staff in place to assist with transition and provide capacity for continued growth. In addition, the seller is flexible with regards to transition and would be available to assist through a single tax season or continue working for the buyer for a few years (terms to be negotiated) to ensure maximum client retention should the buyer desire. This is a perfect opportunity for a CPA or experienced accountant ready to jump into practice ownership with an established book of business or an easy, profitable addition for an established practice looking to expand their operations and/or footprint.
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