Listing Number Location Annual Gross Asking Price Status
IA1046 Rural Town near Cedar Rapids $452,760 $510,000 Sold

Description:

New EA tax and accounting practice for sale in a rural town near Cedar Rapids, Iowa (County joining 380 Corridor) with annual revenues of approximately $450,000.  This well established, quality practice is highly profitable currently bringing in cash flow to owner of over 60% of gross.  Revenues are composed primarily of tax work for individuals (45%) and businesses (36%), although there is also a solid amount of accounting and bookkeeping work which makes up the remaining 18%.  This turn-key practice would be a great size for an individual buyer looking to jump into practice ownership and the client base should lend itself to further expansion of services and growth through referrals.  There is one long-term staff in place that should be an asset to the new buyer as well as a couple other hourly workers and the owner to assist in an orderly transition.  Inquire further for more specific details on this unique opportunity.

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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