Description:
This well-established CPA Tax & Accounting Practice for sale in the Chicago Lakeview Area has annual gross revenues of approximately $546,000. This well-established CPA practice has been growing consistently in recent years and should continue on that forward trajectory if ran in a similar fashion. Revenues are primarily from tax work, but there are some accounting and miscellaneous services to provide year-round income. A solid fee structure generates good cash flow to owner around 55% of gross. The seller takes pride in offering professional and timely service to a quality client base that includes a good amount of business clients, which should offer plenty of opportunities for expansion of services and continued growth through referrals. Most of the business clients consist of professional services or real estate. There are a handful of restaurants and one or two retail businesses, but the majority are conduits where people own part of another entity, multi-ownership of real estate, and/or professional services. This is an ideal opportunity for a seasoned accountant or CPA ready to step into a profitable practice primed for continued growth. There is an established book of business and experienced staff in place to assist in a smooth transition and provide capacity for growth. The seller is looking to exit the practice and enjoy retirement but would be available to assist with a short transition, if needed.