CPA, Tax And Accounting Practice $530,000+ Southwestern Illinois For Sale - Business for Sale
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CPA Tax and Accounting Practice in Southwestern Illinois
IL, US
Added today
Accounting and Tax Services
Retiring Owner
A CPA, tax, and accounting practice in Southwestern Illinois providing individual and business tax preparation, accounting, and bookkeeping services to a diversified client base.
Key Information
Asking
$750K
Revenue
$530K
Earnings
$232K
Multiple
3.2x
Key Highlights
- The practice has been in operation for over 70 years, founded in the 1950s
- Approximately 2,080 individual (1040) tax returns are prepared annually, plus a smaller volume of business returns
- Provides accounting and bookkeeping services to roughly 70 clients on a monthly, quarterly, or annual basis
- Client base is within a 45-mile radius in Southern Illinois, with some out-of-state clients
- Staff includes a CPA, an Enrolled Agent, and bookkeeping staff; total staff compensation is approximately $283,000 annually
- Uses Taxware Systems for tax, accounting, and billing/CRM
Contact Info
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