Listing Number Location Annual Gross Asking Price Status
IL1103 West Central IL $328,000 $270,000 Sold

Description:

The entire practice consists of two partners and staff with gross revenues around $640,000, with one partner looking to retire. Ideally, they would be looking for an individual with tax and auditing experience to join the firm as a 50% owner and continue running the firm in a similar fashion. If a partnership structure with a new buyer cannot be arranged, the seller would also entertain selling off their portion of the business to another accountant or practitioner.

The retiring partner’s workload is comprised of approximately $328,000 and the revenues are derived from approximately 41% tax, 43% audit, and 12% accounting services. The practice is well established and contains a solid fee structure, which produces excellent cash flow to both partners. There is a solid staff in place and further growth available, specifically in the auditing realm, for a new, eager buyer looking to expand the practice to new heights.

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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