Listing Number Location Annual Gross Asking Price Status
IA1082 Central Iowa $1,456,000 $1,500,000 Sold

Description:

We are pleased to offer for sale the accounts serviced by a segment of a well-established CPA firm in Central Iowa. The clients included in this sale are of high-quality, consisting of loyal individuals and solid businesses in a variety of industries. The fee structure for both tax and accounting services is exceptionally strong and total revenue from these accounts is approximately $1,456,000. The revenues are derived from a nice balance of accounting work (56%), tax (30%), payroll services (9%) along with audit and review services (6%), thus generating year-round income.

The accounts have been serviced by one principal of the firm along with an experienced, knowledgeable staff that would be available to the buyer to facilitate the transition and provide continuity for the clients. The accounts being sold are not tied to a long-term lease and would be ideal for an established CPA firm either in the Des Moines area or a local firm nearby seeking expansion of an existing client base. Additionally, the seller is flexible and would be willing to work with the buyer through an extended transition period, if desired, to help ensure maximum client retention.

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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