This well-established Tax & Accounting Practice for sale is located in Crystal Lake, Illinois and it generates annual gross revenue of approximately $177,000. The practice operates with low overheads and maintains a strong fee structure. As a result, it has consistently delivered an impressive cash flow to owner of over 85% of gross revenue. While most revenue is derived from individual tax clients (66%) there is a healthy mix of business tax work, other returns, and bookkeeping (34%) to ensure year-round income.
Located in a desirable suburb northwest of Chicago and with no lease commitment to take over, this is an exceptional opportunity for an experienced tax accountant to break into practice ownership or a local firm looking to pick up a profitable book of clients. Additionally, while the owner is retirement minded, he’s open to assisting in a transition period to allow for a smooth handoff of the clientele to the successor if necessary.