Listing Number Location Annual Gross Asking Price Status
IA1059 North Central Iowa $223,000 $246,000 Sold

Description:

This well-established and growing  CPA tax & accounting practice in North Central Iowas has been servicing clients in and around the area for nearly fifteen years.  The gross revenues for 2011 totaled over $223,000 and 2012 numbers are targeted to meet or exceed that amount.  The profitability is a solid 40%+ and the owner has only been working around 1,600 hours annually for the past few years.

The practice has an excellent fee structure along with a niche of agriculture clientele which can be disclosed during a meeting with the owner.  Approximately two thirds of the practice is tax work derived from only 250 individuals and 55 business/other returns.  The balance consists of 7 monthly/annual bookkeeping clients and various accounting, 1099, W-2, and QuickBooks setup/training revenues.  This would be a great turn-key operation for a CPA looking to own their own practice the easy way or for a nearby firm to pick up extra clientele or expand to the area.

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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