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.
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