Libertyville, IL EA Accounting & Tax Practice for Sale
SOLD
Listing #: IL1100
Location:
Type:
Annual Revenue: $238,000
Asking Price: $295,000
Presented by: |
The Holmes Group |
Toll-Free: 800-397-0249 |
Description:
This well-established EA Accounting & Tax practice we have listed for sale in Libertyville, Illinois, has been servicing the area for 20 years and currently generates annual gross revenues of just under $240,000. Â Â The practice owner has sustained this loyal client base by having a solid reputation within the local community. Although 20% of the revenues are derived from around 150 individual tax returns, the practice focuses on small businesses in a variety of industries providing monthly accounting work and business tax returns which make up the remaining 80% of the business. Â The cash flow to the owner, with the part-time aid of their spouse, has consistently been over 65% of the gross. Â The owner would be available for a transition period if desired as well as the part-time accountant who's been with the practice 6 years now. Â This firm would be ideal for an individual accountant looking to get into practice ownership the easy way or for a nearby established firm with the capacity to add to their current location.
This well-established EA Accounting & Tax practice we have listed for sale in Libertyville, Illinois, has been servicing the area for 20 years and currently generates annual gross revenues of just under $240,000. Â Â The practice owner has sustained this loyal client base by having a solid reputation within the local community. Although 20% of the revenues are derived from around 150 individual tax returns, the practice focuses on small businesses in a variety of industries providing monthly accounting work and business tax returns which make up the remaining 80% of the business. Â The cash flow to the owner, with the part-time aid of their spouse, has consistently been over 65% of the gross. Â The owner would be available for a transition period if desired as well as the part-time accountant who's been with the practice 6 years now. Â This firm would be ideal for an individual accountant looking to get into practice ownership the easy way or for a nearby established firm with the capacity to add to their current location.
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