Lucrative Growing Chicago IL CPA Tax Firm For Sale

Well established CPA tax and accounting practice for sale in Chicago, IL generates annual gross revenue of approximately $600,000 last year and poised to do $650,000 this year. The firm consists primarily of individual and small business tax returns with minimal bookkeeping and payroll.

The current seller operates using a management model and is onsite for approximately 300 hours per year for the past two years. Under the current model, seller discretionary earning are over $250,000. For a buyer who wishes to operate using an owner operator model, SDE would be closer to $380,000. The fee structure in place allows for future increases.

Approximately 80% of clients are virtual. The firm's office is located in a highly desirable neighborhood in the city of Chicago and has additional space for future employees. The office location is for sale separately from the practice, but could be combined for a package deal.

This firm could provides an fantastic opportunity for local firm who wishes to expand their territory or an experienced individual looking to acquire a growing practice with low owner hours and strong opportunity to increase revenue and SDE.