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Franklin County, Iowa
Available
Listing #: IA1131
Location: Iowa
Type: TAX BOOKKEEPING
Annual Revenue: $277,000
Asking Price: $280,000
| Presented by: |
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| The Holmes Group |
| Toll-Free: 800-397-0249 |
Description:
This well-established Tax & Accounting Practice for sale in North Central Iowa has annual gross revenues of nearly $300,000. The quality practice is highly profitable currently bringing in cash flow to owner of nearly 60% of gross. Revenues are nicely mixed between services to provide year-round cash flow, including 64% tax preparation, 26% accounting services, and 10% payroll/misc. services. The loyal client base should lend itself to further expansion of services and growth through referrals. A marketing-oriented buyer has a terrific opportunity to tap the existing client base for new referral business and likely grow the client base substantially in the near future, as they have had to turn down business in recent years. There is staff in place and a seller willing to help with transition for the upcoming tax season. This is an ideal opportunity for a experienced accountant ready to step into a profitable practice or a nice addition to an existing firm looking to expand to the area.
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