Description:
This CPA practice for sale in Eldora, IA has annual gross revenues of $353,000. The thriving practice enjoys a fantastic reputation within the community for providing quality, friendly service via a team of experienced and professional staff. Revenues are derived predominantly from tax preparation services, which make up about 85% of the total. The remainder is from bookkeeping, payroll, and miscellaneous services to generate year-round income. The well-established, quality client base includes a good amount of business clients, which should offer plenty of opportunities for expansion of services and continued growth through referrals. With experienced staff in place to assist in a smooth transition and provide capacity for growth, this practice is the perfect-sized opportunity for any accountant looking to start or grow a profitable practice in the area. Alternatively, should a buyer rather buy into the firm as a partner, the seller would entertain a slower buyout for the right individual looking to ease into practice ownership.