Rockford Area Tax & Accounting Practice for Sale
SOLD
Listing #: IL1158
Location:
Type:
Annual Revenue: $670,000
Asking Price: $740,000
Presented by: |
The Holmes Group |
Toll-Free: 800-397-0249 |
Description:
This well-established Tax & Accounting practice in the Rockford Area has gross revenues of approximately $670,000 that are nicely mixed between (67%) tax work and (33%) accounting services, as well as some consulting services, to provide year-round income. There is a solid fee structure in place generating cash flow to owner of nearly 50% of gross. The loyal, quality client base includes a good amount of business clients, which should offer plenty of opportunities for expansion of services and continued growth through referrals. This turn-key practice is primed for a new owner and a smooth transition and would be an ideal opportunity for someone looking to jump into practice ownership with an established book of business with staff in place to provide capacity for continued growth.
This well-established Tax & Accounting practice in the Rockford Area has gross revenues of approximately $670,000 that are nicely mixed between (67%) tax work and (33%) accounting services, as well as some consulting services, to provide year-round income. There is a solid fee structure in place generating cash flow to owner of nearly 50% of gross. The loyal, quality client base includes a good amount of business clients, which should offer plenty of opportunities for expansion of services and continued growth through referrals. This turn-key practice is primed for a new owner and a smooth transition and would be an ideal opportunity for someone looking to jump into practice ownership with an established book of business with staff in place to provide capacity for continued growth.
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