Presented by: |
The Holmes Group |
Toll-Free: 800-397-0249 |
This well-established CPA Tax & Accounting Practice for sale in Southeast Iowa has annual gross revenues of approximately $714,000. The firm caters to a high-quality client base, with loyal individuals and a good number of businesses, which should provide plenty of opportunity for expansion of services and continued growth through referrals. The firm is highly profitable, with a solid fee structure, producing strong cash flow to owner of approximately 50% of gross income. Although revenues are derived primarily from tax work (83%), the firm does provide some monthly bookkeeping services (9%) for several of the business clients and Consulting/Journal Entrees (7%). It is an ideal opportunity for a seasoned individual accountant ready to step into a turn-key practice or would also make a nice-sized, profitable addition for another established firm looking to open or expand.