Accounting Practice

Not Disclosed, WI

Northern


Asking Price: Annual Revenue:
$370,000 $400,000

Services: Financial, Accounting, Insurance


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RE: Accounting Practice Broker: Lake Country Advisors

Quick Facts

Asking Price: $370,000
Annual Revenue: $400,000
Net Profit: Not Disclosed
Cash Flow: $107,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 799122468
Broker Reference #: 2599

Email or Print Listing

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Business Overview:

Retiring owner of a very profitable accounting firm is ready to sell. This practice is very long established since 1955 and has a high repeat business with a loyal customer base, which results in a full year-round revenue producer with corporations and individuals. The firm boasts annual revenue of about $400,000 and owner’s annual earnings average of over $100,000.

The Seller is committed to the future success of this business and is prepared to support a new owner in a long transition agreement ensuring client retention and successful perpetuity of the business.

This is a turn-key business with all the furniture, equipment, tax software, and employees to produce revenue on day #1. This is an excellent opportunity for a start-up CPA or Accountant to own his/her own business or for another accounting firm to grow overnight with hundreds of new customers.

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Property Features and Assets:

The real estate facilities, owned by the Seller, is for sale for $400,000 to the buyer of the business or can be leased. It is a stand-alone building, 3,300 square feet, with multiple individual offices and conference rooms located on the communities’ main traffic route with good visibility, parking., and centrally located within easy reach of other large Wisconsin surrounding communities.

Market Competition and Expansion:

The industry trend for accounting practices is very good as there is a shortage of CPA’s and accountants while the industry has posted solid growth. CPA practices are popular for buyers looking to begin owning a new practice of their own and for those buyers looking to build a larger practice overnight. Presently in the market, there’s a very low supply of quality practices like this for sale and there’s a high demand with practices highly sought after this time of the year.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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