Personal & Business Tax Practice - Taxes/Consulting/Payroll/Financials Office - Accounting Firm
Financial Service Businesses for Sale
- Primary Category: Accounting & Tax Practice Businesses for Sale
Central Illinois Tax practice
This is a great opportunity to purchase a established tax practice with long standing clients. The practice has seen year over year growth. Owner is willing to support a smooth transition with customer relationships.
- 65% tax work, 35% accounting/consulting
- Monthly Accounting, Bookkeeping, Consulting services
- A personalized experience for Clients
- Assisting with financial statements for businesses
- Submission and preparation of payroll taxes for businesses ~16
- 353+ Individual tax returns submitted annually year over year, 24 business returns annually
- The firm maintains a desirable year-round income and has experienced a 25% to 33% growth rate each year with minimal advertising
Financial Information
- $165,000 Asking Price
- On request Cash Flow
- $130,000 Gross Revenue
- $8,250 Down Payment
- Yes Financing
Business Location
- City: Confidential
- State: Illinois
Financing Comments
- Yes, seller is willing to support a new buyer with financing if needed.
Reason for Sale
- Retirement
Detailed information
- Year Established: 2009
- Home Based: No
- Franchise: No
- Relocatable: Yes
- Lender Prequalified: No
- SBA Prequalified: No
- Full-Time Employees: 1
- Part-Time Employees: N/A
- Contractors: N/A
- Owner Worked Hours/w: 40
- Adjusted EBITDA: On request
- Inventory Included: No
- Inventory Value: Negotiable
- Monthly Rent: Negotiable
- Real Estate Available: Yes
- Real Estate Included: No
- Real Estate Value: $175,000
- Building Size: 1800
- FF&E Included?: Yes
- FF&E Value: Negotiable
Training/Support
- Seller willing to train and support new owner
Market Outlook/Competition
- Minimal competition, closest competition is 8 miles away.
Real Estate Description
- The office building is centrally located in the city that the tax practice is located. Office currently has multiple offices with one being rented out to third party. Building would have the ability to have additional offices/residential space leased out as well. New roof, and furnishings. Large lot and parking available for customers.
Business Listed by
Misty Menossi
Sunbelt of EdwardsvilleContact Business Broker
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