Quad Cities CPA Practice For Sale
SOLD
Listing #: IA1069
Location:
Type:
Annual Revenue: $533,000
Asking Price: $640,000
Presented by: |
The Holmes Group |
Toll-Free: 800-397-0249 |
Description:
This very well-established CPA practice we have listed for sale in the Quad Cities produces annual gross revenues of approximately $533,000. Â This steadily growing practice has a high quality client base, including a good number of full-service business clients in addition to many loyal, individual tax clients. Revenues are desirably mixed between tax preparation (68%) and accounting & payroll (30%) which provides year round income and produces consistently good cash flow to owner of about 50% of gross. Â This would be the perfect-size, turn-key opportunity for an experienced CPA ready for practice ownership or another established firm seeking expansion in this area. Â The seller is flexible with regard to transition and would be willing to work part-time with the buyer for an extended time, if desired, to help ensure a smooth transition and maximize client retention.
This very well-established CPA practice we have listed for sale in the Quad Cities produces annual gross revenues of approximately $533,000. Â This steadily growing practice has a high quality client base, including a good number of full-service business clients in addition to many loyal, individual tax clients. Revenues are desirably mixed between tax preparation (68%) and accounting & payroll (30%) which provides year round income and produces consistently good cash flow to owner of about 50% of gross. Â This would be the perfect-size, turn-key opportunity for an experienced CPA ready for practice ownership or another established firm seeking expansion in this area. Â The seller is flexible with regard to transition and would be willing to work part-time with the buyer for an extended time, if desired, to help ensure a smooth transition and maximize client retention.
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