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Southeastern Iowa CPA Practice
Available after 4/15
Listing #: IA1130
Location: Iowa
Type: CPA TAX BOOKKEEPING
Annual Revenue: $860,000
Asking Price: $900,000
| Presented by: |
 |
| The Holmes Group |
| Toll-Free: 800-397-0249 |
Description:
This profitable CPA Tax & Accounting Practice for sale in Southeastern Iowa with annual gross revenues of approximately $860,000. The well-established, quality client base includes a good amount of business clients, which offers plenty of opportunities for expansion of services. The company continues to have strong growth through referrals with no advertising. A good mix of services provide year-round income consisting of 4% accounting & review services, 75% tax work, and 21% various services such as tax & financial planning, business consulting, quarterly payroll taxes, non-profit & pension plan returns, as well as setting up new corporations/partnerships. Clients are in a wide variety of businesses and professions. Although about half of the practice is local to the general area of the practice, the remainder of clients are outside of Iowa. The diverse clientele, along with a strong fee structure, has helped to generate extremely strong cash flow to the owner over 55% of gross. There is an experienced staff in place to assist in a smooth transition. Additionally, the seller will continue working for the buyer in a part-time/half-time capacity. This practice offers an experienced CPA the perfect opportunity to step into an established practice with a quality book of business and significant growth potential.
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