Metro Chicago CPA Tax and Accounting Practice for Sale
Status
Listing #
State
Location
Annual Revenue
Asking Price
Type
SOLD
IL1201
IL
Metro Chicago CPA Tax and Accounting Practice for Sale
$629,000
$850,000
Presented by: |
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The Holmes Group |
Toll-Free: 800-397-0249 |
Description:
This well-established CPA Tax & Accounting Practice for sale in the Chicago Metro area has annual gross revenues of $629,000. The thriving, reputable practice serves a high-quality client base, including a good number of businesses as well as loyal individuals, which should continue to generate referrals and opportunities for expanding services. Revenues are nicely balanced to provide steady, year round cash flow and are comprised of 61% accounting/bookkeeping work, 20% tax, 9% Payroll and 10% miscellaneous services. There is a good fee structure in place, and with minimal overhead expenses this highly profitable practice generates strong cash flow to owner over 70% of gross. This turn-key practice, complete with a tenured, knowledgeable staff, would be an exceptional opportunity for an experienced CPA ready to jump into practice ownership or an established firm that would like to expand in the area.
This well-established CPA Tax & Accounting Practice for sale in the Chicago Metro area has annual gross revenues of $629,000. The thriving, reputable practice serves a high-quality client base, including a good number of businesses as well as loyal individuals, which should continue to generate referrals and opportunities for expanding services. Revenues are nicely balanced to provide steady, year round cash flow and are comprised of 61% accounting/bookkeeping work, 20% tax, 9% Payroll and 10% miscellaneous services. There is a good fee structure in place, and with minimal overhead expenses this highly profitable practice generates strong cash flow to owner over 70% of gross. This turn-key practice, complete with a tenured, knowledgeable staff, would be an exceptional opportunity for an experienced CPA ready to jump into practice ownership or an established firm that would like to expand in the area.