CPA Firm Chicago For Sale

Description

Established CPA firm for sale in a near west suburb of Chicago, just west of Midway Airport.

Annual revenue is approximately $380,000.

The owner is retiring from public accounting and is willing to remain through the first tax season to assist with client and staff transition.

Practice mix

• Individual tax clients
• Small business tax clients
• Monthly recurring accounting work
• More than 40% of total revenue generated from recurring monthly services

The seller reports a profit margin of approximately 62%.

Existing staff are expected to remain after the sale, although continued employment should be confirmed during due diligence.

The seller is seeking a buyer who is a CPA or Enrolled Agent with tax experience and who can work full time from the existing office.

Buyers should verify historical financials, client concentration, recurring engagement terms, staff arrangements, office lease terms, client retention assumptions and all applicable professional licensing and confidentiality requirements during due diligence.