Tax & Accounting Practice, New Lenox-Joliet, IL

Featured on BizBuySell.com . 3 viewed

Asking Price

$325,000

FOR SALE - ACTIVE

Detailed Information

Location

Will 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 thriving Tax & Accounting Practice in the New Lenox-Joliet area generates around $271,000 in annual revenues and is experiencing growth. Established with a commitment to providing top-notch tax and accounting services at affordable rates, the firm boasts an impressive cashflow to the owner, surpassing 75% of gross income. The business returns are robust, averaging close to $1,400 each, and there is a good balance of revenue from accounting services (33%) to complement the tax work (67%), which tends to be seasonal. This opportunity is ideal for a CPA, EA, or seasoned accountant looking to venture into ownership or enhance an existing practice in the region. With a solid foundation and loyal clientele, this Tax & Accounting Practice offers a lucrative opportunity for someone in the financial services industry. Its strategic fee structure and revenue distribution make it an attractive option for professionals seeking to expand their practice or take the leap into ownership. The business has established itself as a trusted resource within the local community and

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Listed By:

Name : Bradley Holmes

Phone Number : Show Phone number

Bradley Holmes typically replies in about 7 minutes

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