Quad Cities Area IA CPA Practice For Sale
Asking Price: | $760,000 |
Established Year: | 1974 |
Gross Revenue: | $760,000 |
This well-established CPA Tax & Accounting Practice for sale in the Quad Cities Area has annual gross revenues of approximately $760,000. The practice has a long history of providing excellent customer service and is well-rounded with approximately 56% of the revenues derived from tax work generated from a variety of professional services, construction, and nonprofit companies along with some 1040’s. The remaining revenues are also evenly distributed between accounting and bookkeeping (23%) and audit and reviews (21%). The revenues have been steadily increasing year over year and should continue on the same trajectory under new energetic leadership. Additionally, although this is not a virtual practice, only around 25% of the clients come in for appointments and the remainder are a combination of drop offs, mail in, or electronically sent. However, even for those who make an appointment, the returns are still prepared at a later date and picked up after the fact.