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Eastern Iowa (near Cedar Rapids) CPA Tax & Accounting Practice
Listing #
IA6420
Location
Iowa
Annual Revenue
$1,506,000
Asking Price
1,580,000
Type
CPA TAX BOOKKEEPING
| Presented by: |
 |
| The Holmes Group |
| Toll-Free: 800-397-0249 |
Description:
This well-established, yet growing CPA Tax & Accounting Practice for sale in Eastern Iowa (near Cedar Rapids) has annual gross revenues of approximately $1,506,000. The practice has a quality client base that includes loyal individuals and a good amount of business clients, which should offer plenty of opportunities for expansion of services and continued growth through referrals. Revenues are generated from a nice mix of tax work (71%), supplemented by accounting and payroll services (29%) ensuring stable year-round income. With a solid fee structure in place, the firm also generates excellent cash flow to the owner of 55% of gross. Located in a growing area, this thriving practice offers an ideal opportunity for an experienced accountant ready to step into a fully operational practice, complete with a tenured and capable staff. It would also be a nice addition for another established firm looking to expand its footprint in this market area.
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