CPA, Tax, Accounting Practice $530k Revenue IL - Business for Sale
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CPA and Tax Accounting Practice in Southwestern Illinois
IL, US
Added 1 day ago
CPA, Tax, and Accounting Practice
70 years in business
Retiring Owner
A CPA, tax, and accounting practice in southwestern Illinois providing tax preparation and bookkeeping services to individuals and businesses, established for over 70 years.
Key Information
Asking
–
Revenue
$530K
Earnings
$232K
Multiple
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Key Highlights
- Gross billings year-to-date (through 8/16): approximately $468,000
- Years in operation: 70
- Approximately 2,080 individual (1040) tax returns prepared annually
- Roughly 70 accounting clients receive monthly, quarterly, and annual write-up/bookkeeping services
- Total staff compensation: approximately $283,000 annually
- Staff includes a CPA, an Enrolled Agent, and bookkeeping staff, most of whom plan to stay through transition
- Client base is within a 45-mile radius in Southern Illinois, with some out-of-state clients (primarily Missouri, also California, Arizona, and Florida)
Contact Info
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