|Property TypeBusiness For sale||Year Built-|
- Proparty Sub CategorieFinancial Services
- Asking Price595000
- Cash FlowN/A
- Gross Revenue425000 sqft
- LocationChicago, IL
This well-established CPA practice for sale is located in downtown Chicago and has annual gross revenues of approximately $425,000. It is a quality and highly profitable practice that enjoys a loyal client base of multi-generational and multi-dimensional family businesses and operations. Business clients comprise around 40% of the gross revenues with the remaining 60% from a combination of 1040's, consulting services, estate work, compilations, and reviews. The hourly billing rate is estimated to be around $300-$400.One partner is available and would prefer to continue working with the buyer in order to provide a smooth transition of the clients, maximize client retention, and to continue bringing on new business if the buyer has capacity. This is an ideal opportunity for an established practice to pick up a solid group of clients with little risk. It could also make a nice starter firm for a qualified CPA who would like to establish an office downtown.