New
LaSalle County (Illinois Valley) Tax and Accounting Practice
Listing #
IL5374
Location
Illinois
Annual Revenue
$338,000
Asking Price
$260,000
Type
TAX
Presented by:
The Holmes Group
Toll-Free: 800-397-0249
Description:

PRICE REDUCED!!!

 

This well-established practice, run by the same pair of owners since inception, has been providing top shelf tax, bookkeeping, and consulting services to individuals and local businesses for 40 years. With minimal overhead, this practice generates an extraordinary cash flow to the two owners nearing 80% of gross!  Revenues are predominantly derived from tax work (67%), but a desirable amount of accounting and consulting work (33%) helps to maintain a solid source of year-round income. The firm has been taking on new business consistently in recent years and is poised to continue growing if a buyer were to run it in a similar fashion going forward. Additionally, the highly motivated sellers are both willing to be available for a new buyer through another tax season and looking to get a deal ready to close shortly after the busy season. 

 

The practice owners pride themselves on providing exemplary customer service rarely seen today, seldom turning away clients, and always going the extra mile. During tax season, the majority (80%) of the 1040’s are serviced via a prescheduled appointment and the final product is available for pick up within a couple days at the latest, or mailed to those who are outside of the general area. The business accounts, which vary across a wide variety of industries, generally drop off their information monthly and are also timely in paying leaving very little A/R. 

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