Listing Number Location Annual Gross Asking Price Status
IL1074 Schaumburg $98,522 $160,000 Sold

Description:

Schaumburg, IL CPA practice for sale has annual gross revenues of approximately $130,000.  This quality practice has a well-established, loyal client base that includes a good number of full-service business clients, in addition to individual tax clients.  It has a strong fee structure and minimal overhead costs to produce excellent cash flow to owner.  The office however is on month to month and so you are welcome to move the practice to an alternate location if more convenient for you. 

Revenues are desirably mixed with business accounting, business tax, and outside consulting CFO/controller work making up 64% to provide year-round income.  The balance 36% is individual tax work for approximately 91 clients averaging $526 per tax return.  This would be the perfect growth opportunity for a local firm looking to expand their revenues by adding a high net worth clientele into their nearby location.  Alternatively, it would be a nice start up for an individual CPA looking to get into business with a great mentor and transition assistance.

To obtain additional information on this practice go to Request More Information and register with broker. You can also be placed on a free listing notification list. Not all information is included above due to confidentiality concerns. The information is provided by sellers and has not been audited or verified by Accounting Practice Sales, Inc. or any of its independent brokers. Buyers are responsible for their own due diligence before buying any practice. Buying and operating a tax or accounting practice involves a certain amount of risk and requires business experience and professional skills.

Email this practice to a friend:

Friend's E-mail*
Your Name*

Please confirm by entering the letters or numbers from the image.

return to: Illinois