Established CPA Firm Grossing $400k+ in Southern Illinois

Williamson County, IL

Seller Financing Available

Boutique CPA Firm in Southern Illinois
Asking Price:$535,000
EBITDA:$214,000
Real Estate:$135,000
Gross Revenue:$420,000
FF&E:$30,000
Established Year:2013
BUSINESS DESCRIPTION

This well-established small CPA firm was established in 2013 and is located in a fast-growing Southern Illinois community. The firm has operated successfully and grown since its inception. Providing tax work to a wide-range of clients (corporations, partnerships, and fiduciary returns), this firm specializes in personal service. Their accounting work has a rather high emphasis on governmental activities (fire districts, schools, etc.). Clients in Southern Illinois tend to be local and loyal.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The facility itself is a 2,100 sq ft home converted into an office, which includes 616 sq ft of 2-car garage space. There is also a small storage shed on site of approximately 160 sq ft. The building sits on two lots, which combined are 140' X 100'. There is ample parking. Furniture, fixtures, and equipment include all you would expect in a CPA firm, including quality furniture (desks, chairs, filing cabinets, etc.), computer equipment (monitors, scanners, fax machines, hard drives and backup drives, laptops, and a server), and software licenses.
Competition
This would be a great opportunity for a new accountant wanting to open their own business or partnership OR for an existing firm to acquire this business to grow their own firm.
Growth & Expansion
Marketing, if desired, could increase the client base considerably.
Financing
Financing options, including lease of facility, can be discussed.
Support & Training
The sellers are willing to work with buyers on a transition period if needed.
Reason for Selling
Retirement
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Robyn
Russell
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Robyn Russell