Schaumburg, IL CPA Practice for Sale
Asking Price: | $456,000 |
Established Year: | 2007 |
Gross Revenue: | $380,000 |
This well-established CPA practice for sale is located in Schaumburg, IL and has annual gross revenues of approximately $380,000. The practice consists of a stable and high-quality client base, encompassing both individuals and businesses. With a solid fee structure in place, the practice generates strong cash flow to the owner, around 50% of gross. The revenue mix is attractively balanced, with 60% derived from profitable tax work and 40% from accounting services, ensuring a steady, year-round cash flow. Notably, over 70% of the revenue is derived from business clients.
This is the ideal size and turn-key opportunity, complete with a knowledgeable staff and is positioned for continued growth under new ownership. The owner is flexible and open to working with the buyer through an extended transition period to ensure a smooth transition.