New
Chicago South Side Virtual CPA Practice
Listing #
VIL6599
Location
Illinois
Annual Revenue
$155,000
Asking Price
$220,000
Type
CPA TAX
Presented by:
The Holmes Group
Toll-Free: 800-397-0249
Description:
This well-established virtual CPA practice on Chicago’s South Side presents an excellent opportunity to acquire a loyal client base and a fully remote operation generating approximately $155,000 in gross revenue. The firm has grown consistently without an active push to expand, supported by strong client relationships and referrals. While many clients are in Illinois, the practice also serves businesses in other states, including Oregon and California. Its virtual model gives a buyer flexibility in where they are based, while the existing client relationships and referral activity offer room for continued growth. The practice could be a good fit for an existing CPA firm looking to expand its client base or a buyer with the multistate tax experience to serve its clients from elsewhere.

 

Key Highlights:

        Out-of-state clients have generated referrals, creating opportunities for growth in other states and in Illinois.

        Clients upload documents and primarily meet with the seller over Zoom, allowing for a flexible, remote operation.
        Business clients are billed annually during tax season, while individual tax work is billed at a higher rate.
        The practice has a knowledgeable staff member who is familiar with its clients and overall operations.
        The seller is willing to assist during the transition to help with a smooth handoff.
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