Listing Number Location Annual Gross Asking Price Status
IA1088 Iowa City Area $87,500 $95,000 Sale Pending

Description:

This CPA Tax & Accounting Practice for sale in the Iowa City Area has annual gross revenues of approximately $87,500. The revenues are predominately from tax work (89%) although there is a decent amount of accounting, consulting, and payroll services (11%) to provide some year-round income. There is a strong fee structure in place, and with minimal overhead expenses, the firm generates strong cash flow to owner of nearly 60% of gross. This practice enjoys a loyal client base, some who have been with the firm for 20-30 years and includes a good amount of business clients, offering continued growth through referrals and opportunity for expansion of services. Although staff will not transfer with the sale, the seller is available to assist with transition through a tax season, if desired. This is the perfect opportunity for any new or established firm in the area to acquire an established book of business or for a qualified individual looking to jump into practice ownership.

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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