Established NE Wisconsin Tax & Accounting Practice, 90% Recurring

Business Overview:

Established in 2013, this full-service accounting and tax practice serves small businesses and individuals across Northeast Wisconsin. Services include tax preparation and planning, bookkeeping, payroll, and business consulting. Roughly 90 percent of revenue recurs year to year, split about evenly between tax work (54 percent) and ongoing accounting, bookkeeping, and payroll (46 percent).Trailing twelve-month revenue is approximately $409,000 with owner cash flow of approximately $265,000, a margin well above the industry norm. Financials are clean and cash basis, tax returns match the books, receivables are collected monthly, and the business carries no debt. No single client exceeds 10 percent of revenue.The team is the owner, one full-time degreed accounting professional, and one part-time staff member. The practice runs on Sage 50. Offered at $635,000 for the business assets and goodwill; cash and accounts receivable are retained by the seller. The owner is not in a hurry and is willing to train a buyer. An Enrolled Agent or CPA credential is recommended for the buyer. Confidential listing; details provided after a signed NDA.

Contact the Seller:

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Property Features and Assets:

Main office in a leased professional office building. No real estate is included. Furniture, fixtures, office equipment, and computer hardware convey with the sale.

Market Competition and Expansion:

Local accounting and tax firms in the area are capacity-constrained and referring work out, which has driven the practice's steady inbound growth without paid advertising beyond postcards and direct mail. The practice competes on responsiveness, fast tax-return turnaround, and long-standing relationships rather than on price. Its high recurring-revenue share and low client concentration are uncommon for a firm of this size.

The practice has netted 40 to 50 new clients per year for the past three years, largely through inbound demand, while several local competitors have stopped accepting new clients. The owner acknowledges fees sit below market, giving a buyer an immediate pricing lever. Adding a second producer would allow the buyer to absorb the current inbound demand rather than turning it away.

Reason for Selling:

Retirement. Kindly ask the seller for more information.

Additional Details:

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