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Southeast Iowa CPA Practice for Sale

IA

Southeast Iowa CPA Practice for Sale
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Asking Price: $1,650,000

Cash Flow: N/A

Gross Revenue: $1,172,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Southeast Iowa CPA Practice for Sale

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Business Description

This very well-established CPA & Financial Services Practice for sale in the Southeast Iowa has annual gross revenues of approximately $1,172,000. The reputable practice caters to a stable, high-quality client base composed in of many businesses and business owners as well as many loyal individuals that has grown steadily since inception. The practice has an excellent reputation for providing the highest level of service and quality work and is highly-profitable, yielding strong cash flow to owner’s approaching 50% of gross. Revenues are nicely mixed between services to generate year-round cash flow, including 41% tax, 38% financial services/asset management, 17% accounting and 5% consulting. This quality practice has an excellent fee structure and a large number of business clients, which should provide for continued growth through referrals and opportunities for expansion of services. This turn-key practice, complete with a tenured, knowledgeable staff, is a first-rate opportunity for an experienced CPA or an established firm looking to expand in this market.

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The Holmes Group

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The Holmes Group

Accounting Practice Sales

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Accounting Practice Sales

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