Rural Town near Cedar Rapids Iowa EA Practice for Sale
SOLD
Listing #: IA1046
Location:
Type:
Annual Revenue: $452,760
Asking Price: $510,000
Presented by: |
The Holmes Group |
Toll-Free: 800-397-0249 |
Description:
New EA tax and accounting practice for sale in a rural town near Cedar Rapids, Iowa  (County joining 380 Corridor) with annual revenues of approximately $450,000.  This well established, quality practice is highly profitable currently bringing in cash flow to owner of over 60% of gross.  Revenues are composed primarily of tax work for individuals (45%) and businesses (36%), although there is also a solid amount of accounting and bookkeeping work which makes up the remaining 18%.  This turn-key practice would be a great size for an individual buyer looking to jump into practice ownership and the client base should lend itself to further expansion of services and growth through referrals.  There is one long-term staff in place that should be an asset to the new buyer as well as a couple other hourly workers and the owner to assist in an orderly transition.  Inquire further for more specific details on this unique opportunity.
New EA tax and accounting practice for sale in a rural town near Cedar Rapids, Iowa  (County joining 380 Corridor) with annual revenues of approximately $450,000.  This well established, quality practice is highly profitable currently bringing in cash flow to owner of over 60% of gross.  Revenues are composed primarily of tax work for individuals (45%) and businesses (36%), although there is also a solid amount of accounting and bookkeeping work which makes up the remaining 18%.  This turn-key practice would be a great size for an individual buyer looking to jump into practice ownership and the client base should lend itself to further expansion of services and growth through referrals.  There is one long-term staff in place that should be an asset to the new buyer as well as a couple other hourly workers and the owner to assist in an orderly transition.  Inquire further for more specific details on this unique opportunity.
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