SOLD
Lincolnwood, IL EA Practice
Listing #
IL5236
Location
Illinois
Annual Revenue
$704,000
Asking Price
$820,000
Type
TAX EA BOOKKEEPING
Presented by: |
The Holmes Group |
Toll-Free: 800-397-0249 |
Description:
This new EA tax and accounting practice for sale in Lincolnwood, IL generates annual gross revenue of approximately $704,000 and caters to a loyal client base of quality individuals and businesses. Revenues are primarily derived from profitable tax work (82%) with some accounting, payroll, and other projects (18%) mixed in to provide a reliable source of year-round income. For a buyer with capacity, the business clients should present an excellent opportunity for an expansion of services if desired. With a high fee structure in place, the firm has an exceptional cashflow to the owner bringing in approximately $500,000 annually! Additionally, it has grown significantly and consistently in recent years and is poised to continue to do so going forward if run in a similar fashion. Located in a desirable suburb north of Chicago, this is an excellent opportunity for an experienced individual or local firm looking to take a thriving practice into the next generation.
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