| Listing Number | Location | Annual Gross | Asking Price | Status |
|---|---|---|---|---|
| IL1059 | Oregon | $217,316 | $220,000 | Available |
Description:
This practice is located in a small town, Oregon, about 1 ½ hours from the Chicago suburbs. The practice cannot be run from the city and would require a staffed office year round, or at least during the tax season at a minimum. The practice has shown a stable and consistent growth pattern through the years, with gross revenues nearing $220,000 in 2011 with a net cash flow to owner of $121,000+. Revenues are predominately tax work for individuals and businesses 65%, but there are also a few dozen monthly and quarterly accounting clients.
The practice truly is a turn-key operation for any individual looking to own a well-established CPA practice in a small community of northern Illinois. There is a seasoned bookkeeper in place, several part-timers, plus the owner is flexible in aiding in transition to ensure maximum client retention. Again, please be advised however that this practice cannot be transitioned to the city. We feel it will be important for client retention for the new owner to take over the office space, or have an office in a nearby town.
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.
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