Tax & Accounting Practice for Sale North West IA IA

Union County, SD

Tax & Accounting Practice for Sale North West IA IA
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Tax & Accounting Practice for Sale North West IA IA

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Business Description

Tax and Accounting Practice for Sale

Geographic Location: Northwestern Iowa Listing Code: IA 2071

Practice Details: Long established CPA Tax and Accounting Firm in business over 20 years. The practices revenue stream is from personal and small business tax prep along with bookkeeping services and payroll. Excellent area reputation and a loyal client base. Owner ready to sell and willing to provide transition support to optimize the client retention for the new owner. Open to employment after the sale.

Annual Revenue: Growing Gross Revenue 2018 at $594,500.
Revenue Breakdown:
38% Accounting – Monthly and Quarterly
42% Personal Tax Prep
20% Business Tax Prep

Owner Cash Flow:
Averages 32% of Gross Revenue

Facilities: Prime location with 7 Offices, Reception Area, plus Storage. The current lease is assumable. Near many local businesses.

Furniture and Equipment: Multiple offices all fully equipped with all office furniture and all other equipment, networked computers, monitors, copiers, printers etc. all included in the selling price.

Staff: The experienced and knowledgeable young staff will stay on with new owner plus the current owner will be available to provide tax season and transition support to optimize client retention.

Software: Accounting: Thomson Reuters CS. Tax: Ultra Tax CS

Financing: Owner will consider Seller Financing.

For more information about this opportunity, reply to this email or contact:

Fred Silloway
Managing Director
Phone 262-719-5401 Fax 920-355-0175

Detailed Information

Union County, SD
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(from currently available funds)
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Robert Fremder

Business Listed By:
Willow Whitney

Accounting Practice Sold, LLC

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