SOLD
Madison County IL Tax & Accounting Practice for Sale
Listing #
IL1093
Location
Annual Revenue
$120,000
Asking Price
$150,000
Type
Presented by: |
The Holmes Group |
Toll-Free: 800-397-0249 |
Description:
This well-established, Enrolled Agent Tax and Accounting practice for sale in Madison County IL, located in the St. Louis metro area, has a solid reputation and annual gross billings of approximately $120,000. Â Revenues are nicely balanced with approximately 70% derived from tax work for individuals (200) and businesses (48). Â The monthly, quarterly, and annual accounting makes up the remaining 30% with a diverse group of business clients to help provide year-round income and potential expansion of services. The practice has a solid fee structure and produces good cash flow to owner over 60% as the owner does most of the work. Â This practice would be the perfect size for an individual starting out in the business or could easily be added to an existing firm in the area who has the capacity and/or man hours to replace the seller. Â With tax season just around the corner, a buyer will step into the heaviest cash flows of the year and should see an immediate return on investment.
This well-established, Enrolled Agent Tax and Accounting practice for sale in Madison County IL, located in the St. Louis metro area, has a solid reputation and annual gross billings of approximately $120,000. Â Revenues are nicely balanced with approximately 70% derived from tax work for individuals (200) and businesses (48). Â The monthly, quarterly, and annual accounting makes up the remaining 30% with a diverse group of business clients to help provide year-round income and potential expansion of services. The practice has a solid fee structure and produces good cash flow to owner over 60% as the owner does most of the work. Â This practice would be the perfect size for an individual starting out in the business or could easily be added to an existing firm in the area who has the capacity and/or man hours to replace the seller. Â With tax season just around the corner, a buyer will step into the heaviest cash flows of the year and should see an immediate return on investment.
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