Central Iowa CPA Practice for Sale
SOLD
Listing #: IA1082
Location:
Type:
Annual Revenue: $1,456,000
Asking Price: $1,500,000
Presented by: |
The Holmes Group |
Toll-Free: 800-397-0249 |
Description:
We are pleased to offer for sale the accounts serviced by a segment of a well-established CPA firm in Central Iowa. The clients included in this sale are of high-quality, consisting of loyal individuals and solid businesses in a variety of industries. The fee structure for both tax and accounting services is exceptionally strong and total revenue from these accounts is approximately $1,456,000. The revenues are derived from a nice balance of accounting work (56%), tax (30%), payroll services (9%) along with audit and review services (6%), thus generating year-round income. _x000D_ The accounts have been serviced by one principal of the firm along with an experienced, knowledgeable staff that would be available to the buyer to facilitate the transition and provide continuity for the clients. The accounts being sold are not tied to a long-term lease and would be ideal for an established CPA firm either in the Des Moines area or a local firm nearby seeking expansion of an existing client base. Additionally, the seller is flexible and would be willing to work with the buyer through an extended transition period, if desired, to help ensure maximum client retention.
We are pleased to offer for sale the accounts serviced by a segment of a well-established CPA firm in Central Iowa. The clients included in this sale are of high-quality, consisting of loyal individuals and solid businesses in a variety of industries. The fee structure for both tax and accounting services is exceptionally strong and total revenue from these accounts is approximately $1,456,000. The revenues are derived from a nice balance of accounting work (56%), tax (30%), payroll services (9%) along with audit and review services (6%), thus generating year-round income. _x000D_ The accounts have been serviced by one principal of the firm along with an experienced, knowledgeable staff that would be available to the buyer to facilitate the transition and provide continuity for the clients. The accounts being sold are not tied to a long-term lease and would be ideal for an established CPA firm either in the Des Moines area or a local firm nearby seeking expansion of an existing client base. Additionally, the seller is flexible and would be willing to work with the buyer through an extended transition period, if desired, to help ensure maximum client retention.
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