Profitable Tax Practice, Western Suburbs Chicago

Featured on dealstream.com . 6 viewed

Asking Price

$740,000

FOR SALE - ACTIVE

Detailed Information

Location

Kane County, IL

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BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

This successful tax and accounting practice located in the western suburbs of Chicago has seen significant growth, doubling its revenues over the past seven years. With a diverse client base and strong average fees, the firm has generated almost $300,000 in Seller's Discretionary Earnings (SDE) in 2023. The business is highly profitable and operates in a sought-after area. The practice is well-established and thriving, offering tax and accounting services to a wide range of clients. Its impressive financial performance and consistent growth make it a lucrative opportunity for prospective buyers or investors. With its prime location and solid reputation, the firm is positioned for continued success in the competitive Chicago market. Overall, this tax and accounting practice in the western suburbs of Chicago is a profitable and reputable business with a strong track record of financial success. Its consistent growth, diverse client base, and prime location make it an attractive investment opportunity for those looking to enter or expand in the accounting industry.

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