Business Overview:
This practice is located in a small town, Oregon, about 1 ½ hours from the Chicago suburbs. The practice cannot be run from the city and would require a staffed office year round, or at least during the tax season at a minimum. The practice has shown a stable and consistent growth pattern through the years, with gross revenues nearing $220,000 in 2011 with a net cash flow to owner of $121,000+. Revenues are predominately tax work for individuals and businesses 65%, but there are also a few dozen monthly and quarterly accounting clients.
The practice truly is a turn-key operation for any individual looking to own a well-established CPA practice in a small community of northern Illinois. There is a seasoned bookkeeper in place, several part-timers, plus the owner is flexible in aiding in transition to ensure maximum client retention. Again, please be advised however that this practice cannot be transitioned to the city. We feel it will be important for client retention for the new owner to take over the office space, or have an office in a nearby town.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: