Central St. Clair County, IL Tax & Accting Practice for Sale
SOLD
Listing #: IL1190
Location:
Type:
Annual Revenue: $550,000
Asking Price: $650,000
Presented by: |
The Holmes Group |
Toll-Free: 800-397-0249 |
Description:
This Tax and Accounting practice for sale in Central St. Clair County, IL has gross revenues of approximately $550,000. Â The well-established firm has a quality client base includes loyal individuals and a good amount of business clients, which should offer plenty of opportunities for expansion of services and continued growth through referrals. Â Revenues are nicely balanced between accounting services (29%), tax work (59%), and Payroll and special projects (11%) to provide year-round income. Â With a strong fee structure in place; the firm generates good cash flow to owner of approximately 40% of gross. Â Â This is all with minimal involvement of the owner outside of tax season as they also have other business ventures. Â The practice has been taking on new business consistently in recent years and is well-positioned for future growth and has experienced staff in place to assist in a smooth transition. Â This truly is the ideal-sized opportunity for an experienced individual ready to jump into practice ownership in this turn-key operation in a great small town
This Tax and Accounting practice for sale in Central St. Clair County, IL has gross revenues of approximately $550,000. Â The well-established firm has a quality client base includes loyal individuals and a good amount of business clients, which should offer plenty of opportunities for expansion of services and continued growth through referrals. Â Revenues are nicely balanced between accounting services (29%), tax work (59%), and Payroll and special projects (11%) to provide year-round income. Â With a strong fee structure in place; the firm generates good cash flow to owner of approximately 40% of gross. Â Â This is all with minimal involvement of the owner outside of tax season as they also have other business ventures. Â The practice has been taking on new business consistently in recent years and is well-positioned for future growth and has experienced staff in place to assist in a smooth transition. Â This truly is the ideal-sized opportunity for an experienced individual ready to jump into practice ownership in this turn-key operation in a great small town
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