BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!

Business For Sale

I-380 Corridor: Cedar Rapids - Iowa City

Eastern Iowa, IA

Services: Financial, Accounting, Insurance

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$450,000
$700,000
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
Not Disclosed
0
77365941

Business Overview:

Partnership or Merger Opportunity: We are pleased to inform you of a new, well established CPA Partnership / Merger Opportunity available which produces annual revenues of approximately $700,000. The practice made up primarily of tax work for individuals (40%) and businesses (14%). However they also have a solid following of several dozen business clients for which they provide accounting (10%) and/or payroll & consulting services (12%) along with the balance comprised of attestation and review services (24%) primarily for non-profit agencies. The practice produces very high cash flow for both partners of over 25% each. The non-exiting CPA owner is the audit manager. The purchasing individual or firm would become a 50% partner with this individual. This partner along with the other two long-term CPA's who will be staying on with the business, this should provide for a smooth and healthy transition with optimal client retention.

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: