SOLD
Palos Area, IL CPA Practice for Sale
Listing #
IL1225
Location
Illinois
Annual Revenue
$178,000
Asking Price
$215,000
Type
CPA
Presented by:
The Holmes Group
Toll-Free: 800-397-0249
Description:
This well-respected CPA practice for sale is in the Palos Area, IL and has annual revenues of approximately $178,000. It has experienced steady growth over the years and has operated from its current location since 2001. Revenues are nicely mixed between services to provide year-round cash flow, including 58% tax preparation and 42% accounting services. There is a solid fee structure in place generating strong cash flow to owner over 60% of gross. The seller does very little advertising and has built the business mostly through client referrals. The well-established, quality client base includes a good amount of business clients, which will offer a buyer ample opportunity for expansion of services and continued growth through referrals. This is an ideal opportunity for a seasoned CPA ready to step into a profitable practice primed for growth with an established book of business, staff in place, and an owner available to assist with a smooth transition.
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