Listings - Accounting Practice Sold

The Midwest Leader in Accounting Practice Sales for over 35 years.

Current Listings

Click on one of the following states to view the available listings
  • Indiana
  • Illinois
  • Iowa
  • Kansas
  • Michigan
  • Minnesota
  • Missouri
  • Montana
  • North Dakota
  • Wisconsin

Indiana

There are currently no listings in this area. Check back soon!

Illinois

Listing Number Location Annual Gross Asking Price Description Status
IL2072 North Central $125000 $125000

Geographic Location:  North Central Illinois- (Listing #IL 2072)

Practice Details: This 1985 established Practice is located central state and has annual gross revenues of approximately $125,000.  This primarily tax practice caters to a high net worth clientele. The majority of the revenues consist of tax work (92%); however, there is also some amount of monthly/quarterly accounting work (8%).  This turn-key practice would make the perfect size and opportunity for an individual ready to be in first time practice ownership.  It would also make a nice addition for a local firm in the area looking to expand. Low expenses.

Annual Revenue:        2016: $125,000

Owners Cash Flow:    2016:  $73,300

Revenue breakdown:  
Individual and Business tax preparation: 92%
Write-up/Accounting: 8%

Average Tax Return: >$275

Facilities:  Small close resort community. Home based, private entrance with signage and off-street parking.  Short term lease available.

Furniture and Equipment:  Computers, and full complement of office furniture, printers, copiers, plus all other equipment and software included in selling price.

Staff: Two

Software:  Lacerte, Quickbooks

Available
Request Info
IL2074 Western $365000 $379000

Geographic Location:  Western Illinois- (Listing #IL 2074)

Practice Details: This western Illinois CPA practice for sale near a large metro locations and has annual gross revenues of approximately $367,000. The practice has a great reputation in the area and has been steadily growing over the years.  Seller wants to see prior to the next tax season and willing to assist in a smooth transition to new owner.  Long term clients. Nice growth.

The practice is also equipped with two excellent, long-term CPA employees who should help aid in the transition and future prosperity of the practice. This opportunity would make a great fit for an individual looking to plant roots in the area and start off with a well-oiled machine.

Annual Revenue:        2016: $365,000

2015: $322,200

 

Owners Cash Flow:    2016:  $173,000

Revenue breakdown:  
Individual and Business tax preparation: 62%
Write-up/Accounting/Payroll: 38%

Average Tax Return: >$300

Average Write-up Client: >$8,800

Facilities: Large office with month to month lease.

Furniture and Equipment: Networked Computers, work stations and full complement of office furniture, printers, copiers, plus all other equipment and software included in selling price.

Staff: Two plus seasonal

Software:   Quickbooks, Lacerte

Available
Request Info
IL2076 Downstate $367000 $349000

Geographic Location:  Downstate Illinois- (Listing #IL 2076)

Practice Details: This well run downstate Illinois CPA practice for sale near state government offices and has annual gross revenues of approximately $367,000. The practice has been steadily growing and provides a full range of accounting, tax and management services to a variety of individuals and businesses. Steady year-around revenue.

It has a great reputation that has made them one of the leading CPA firms in Central Illinois.  The practice serves a quality client base and revenues are nicely balanced between tax (52%), accounting (40%), audit & reviews (6%) and other services (3%) to provide year-round income.  It would be the perfect, turn-key opportunity for an experienced accountant ready to jump into practice ownership, or a nice addition for another established firm looking to expand in this area.

Annual Revenue:        2016: $367,000

Owners Cash Flow:    2016:  $169,000

Revenue breakdown:  
Individual and Business tax preparation: 52%
Write-up/Accounting/Payroll: 48%

Average Tax Return: >$300

Average Write-up Client: >$10,000

Facilities: Very professionally appointed, owner occupied and available for either lease or purchase. Fully equipped working offices plus reception and conference areas.

Furniture and Equipment: Networked Computers, work stations and full complement of office furniture, printers, copiers, plus all other equipment and software included in selling price.

Staff: Three plus seasonal

Software:   Quickbooks, Drake

Available
Request Info
IL2078 Suburban Chicago $450000 $499999

Geographic Location:  Chicago suburbs (Listing #IL 2078)

Practice Details: This accounting & bookkeeping practice produces annual revenues of approximately $450,000.  It is a profitable practice comprised of mostly accounting & bookkeeping services ranging from monthly to annual services for just under 20 clients making up approximately 93% of the business.  The balance consists of the tax returns for these entities, along with around 100 individual returns.
This well-established practice has been around for over thirty years and has an excellent reputation in the local business community.  Its heavy concentration in accounting work will help aid cash flow throughout the year and could also lead to expansion of services to the business clientele.  This is truly the perfect turn-key operation for an individual looking to jumpstart a small to medium sized practice the easy way.  It could also be folded neatly into a nearby, established location with the capacity and resources to grow.

Annual Revenue:        2016: $450,000

Owners Cash Flow:    2016:  $232,500

Revenue breakdown:  
Individual and Business tax preparation: 7%
Write-up/Accounting/Payroll: 93%

Average Tax Return: >$350

Average Write-up Client: >$12,000

Facilities: Very professionally appointed multi-office with reception and conference room is available for either lease or purchase. Convenient to business clients and local restaurants.

Furniture and Equipment: Networked Computers, work stations and full complement of office furniture, printers, copiers, plus all other equipment and software included in selling price.

Staff: Three plus office manager

Software:   CS Accounting, UltraTax, Quickbooks

Available
Request Info

Iowa

Listing Number Location Annual Gross Asking Price Description Status
IA2058 Eastern Iowa $695000

Geographic Location:  Eastern Iowa (Listing #IA 2058)

Practice Details: This well-established CPA practice has annual gross revenues of approximately $695,000. The practice has a strong fee structure and produces solid cash flow to owner of around 40% of gross. Revenues consist predominately of tax preparation services (74%) but there is also a nice mix of other services such as audits/reviews (18%) and monthly accounting work (8%) to provide year round income. The high-quality, loyal client base including many desirable businesses should lend itself to expansion of services and continued growth through referrals.

Annual Revenue:        2016: $695,000

Owners Cash Flow:    2016:  $278,000

Revenue breakdown:  
Individual and Business tax preparation: 74%
Write-up/Accounting/Payroll: 26%

 

Facilities:  Excellent location. Multiple fully equipped working offices plus reception and conference areas.  Assumable Lease.

Furniture and Equipment: Networked Computers, work stations and full complement of office and conference room furniture, printers, copiers, plus all other equipment and software included in selling price.

Staff: Four

Software:  Lacerte, QuickBooks

Available
Request Info
IA2060 Central Iowa $640000 $599000

Geographic Location:  Central Iowa (Listing #IA 2060)

Practice Details: The entire practice consists of two partners and staff with gross revenues around $640,000, with one partner looking to retire. Ideally, they would be looking for an individual with tax and auditing experience to join the firm as a 50% owner and continue running the firm in a similar fashion. If a partnership structure with a new buyer cannot be arranged, the seller would also entertain selling off their portion of the business to another accountant or practitioner.

The retiring partner’s workload is comprised of approximately $328,000 and the revenues are derived from approximately 41% tax, 43% audit, and 12% accounting services. The practice is well established and contains a solid fee structure, which produces excellent cash flow to both partners. There is a solid staff in place and further growth available, specifically in the auditing realm, for a new, eager buyer looking to expand the practice to new heights.

Annual Revenue:        2016: $640,000

Owners Cash Flow:    2016:  $288,500

Revenue breakdown:  
Individual and Business tax preparation: 41%
Write-up/Accounting/Payroll: 59%

 

Facilities:  Convenient metro location. Multiple fully equipped working offices plus reception and conference areas.

Furniture and Equipment: Networked Computers, work stations and full complement of office and conference room furniture, printers, copiers, plus all other equipment and software included in selling price.

Staff: Two Partners and staff

Software:  Lacerte

Available
Request Info
IA2062 Eastern Iowa $226000 $219000

Geographic Location:  Eastern Iowa   (Listing #IA 2062)

Practice Details: This practice would be the perfect sized, turn-key opportunity for an experienced CPA ready to step into full-time practice ownership or a profitable addition to an established firm seeking expansion in this area. Additionally, the owner is extremely flexible with regards to a transition period and has expressed their willingness to work with the buyer over the course of a few months, or years, if desired.

Annual Revenue:        2016: $226,000

Owners Cash Flow:    2016:  $116,600

Revenue breakdown:  
Individual and Business tax preparation: 72%
Write-up/Accounting/Payroll: 28%

Average Tax Return: $265

Average Write-up Client: $13,300

Facilities:  Desirable location. Efficient working offices plus shared reception and conference areas.  Assumable Lease.

Furniture and Equipment: Networked Computers, work stations and full complement of office and conference room furniture, printers, copiers, plus all other equipment and software included in selling price.

Staff: Two

Software:   QuickBooks, Lacerte,

Available
Request Info
IA2059 Des Moines $431000 $399000

Geographic Location:  Iowa (Listing #IA 2059) – PENDING

Practice Details: This well-established, reputable CPA practice for sale in Central Iowa produces annual gross revenues of approximately $431,000 and would be the perfect-sized, turn-key opportunity for any CPA looking to start or grow a practice in the heartlands.

The firm caters to a high-quality client base, including a large number of businesses and loyal individuals. Revenues are nicely mixed between tax work (47%), auditing (39%) and accounting services (14%) to provide year-round income.

The practice has a solid fee structure and an experienced staff in place to assist with a smooth transition.

Priced to sell, this practice is a bargain opportunity that should yield an immediate return on investment and pay for itself in no time!

Annual Revenue:        2016: $431,000

Owners Cash Flow:    2016:  $233,500

Revenue breakdown:  
Individual and Business tax preparation: 47%
Write-up/Accounting/Payroll: 53%

Average Tax Return: >$300

Average Write-up Client: >$15,000

Facilities: Very professionally appointed multi-office with reception and conference room is available for either lease or purchase. Convenient to business clients and local restaurants.

Furniture and Equipment: Networked Computers, work stations and full complement of office furniture, printers, copiers, plus all other equipment and software included in selling price.

Staff: Three plus office manager

Software: Quickbooks, Lacerte

Sale Pending

Kansas

Listing Number Location Annual Gross Asking Price Description Status
KS2068 Eastern $477000 $500000

Geographic Location:  Eastern Kansas- (Listing #KS 2068)

Practice Details: This Tax & Accounting practice just off the Interstate Highway has annual gross revenues of approximately $447,000. Revenues are nicely balanced between tax work (52%), accounting services (39%), and miscellaneous services such as payroll, financial statements, and financial planning to provide year-round income. There is a very diverse and stable client base that includes a good amount of business clients, which should offer plenty of opportunities for expansion of services and continued growth through referrals. There is experienced staff in place to assist in a smooth transition and provide capacity for growth. This is a perfect opportunity for an individual ready to jump into practice ownership with an established book of business or an easy and profitable addition for an established practice looking to expand.

Annual Revenue:        2016: $477,000

Owners Cash Flow:    2016:  $252,800

Revenue breakdown:  
Individual and Business tax preparation: 52%
Write-up/Accounting/Payroll: 48%

Average Tax Return: $305

Average Write-up Client: $11,200

Facilities:  Very assessable. Modern generous working offices plus conference room and reception area.  Nearby restaurants in walking distance.  Covered parking.  Assumable Lease.

Furniture and Equipment: Networked Computers, work stations and full complement of office furniture, printers, copiers, plus all other equipment and software included in selling price.

Staff: Three plus office manager.

Software:  Lacerte, Quickbooks

Available
Request Info
KS2070 Central-Rural $191000 $179000

Geographic Location:  Central Kansas- (Listing #KS 2070)

Practice Details: This well-established, yet growing Tax & Accounting Practice is located central state and has annual gross revenues of approximately $191,000.  The practice caters to a quality client base comprised of loyal individuals and businesses which should provide plenty of opportunities for expansion of services as well as continued growth through referrals.  The majority of the revenues consist of tax work (86%); however, there is also a good amount of monthly/quarterly accounting work (14%) to keep busy year round.  This turn-key practice is primed for continued growth and would make the perfect size and opportunity for an individual ready to be in practice ownership.  It would also make a nice addition for a local firm in the area looking to expand.

Annual Revenue:        2016: $191,000

Owners Cash Flow:    2016:  $104,900

Revenue breakdown:  
Individual and Business tax preparation: 86%
Write-up/Accounting/Payroll: 14%

Average Tax Return: $265

Average Write-up Client: $2,600

Facilities:  Central city location. Clean working offices plus conference room.  Popular neighborhood.  Owner owned.

Furniture and Equipment: Networked Computers, work stations and full complement of office furniture, printers, copiers, plus all other equipment and software included in selling price.

Staff: Two

Software:  Lacerte, Quickbooks

Available
Request Info
KS2072 South Central $680000 $649000

Geographic Location:  South Central Kansas- (Listing #KS 2072)

Practice Details: This CPA practice for sale in a desirable city in south central Kansas and has annual gross revenues of approximately $680,000. This well-established, predominately tax practice produces high-level tax services for its sophisticated clientele of individuals and businesses. The practice has a great reputation in the area and has been steadily growing over the years, despite a low marketing budget, through pristine customer service which generate referrals.

As an added benefit, a solid amount of the work is “automated,” encompassing many of the local clients in which QB files are e-mailed and many documents sent via PDF electronically. The practice is also equipped with two excellent, long-term CPA employees who should help aid in the transition and future prosperity of the practice. This opportunity would make a great fit for an individual looking to plant roots in the area and start off with a well-oiled machine.

Annual Revenue:        2016: $680,000

Owners Cash Flow:    2016:  $326,000

Revenue breakdown:  
Individual and Business tax preparation: 77%
Write-up/Accounting/Payroll: 23%

Average Tax Return: $290

Average Write-up Client: $9,600

Facilities:  Suburban location but close to business clients. Modern working offices plus conference room.  Assumable lease.

Furniture and Equipment: Networked Computers, work stations and full complement of office furniture, printers, copiers, plus all other equipment and software included in selling price.

Staff: Three plus seasonal

Software:   Quickbooks, Lacerte

Available
Request Info
KS2069 KC Suburb $405000 $379999

Geographic Location:  Kansas (Listing #KS 2069) – SOLD

Practice Details: This accounting & tax practice for sale in the desirable suburb of Kansas City is a well-established and highly profitable practice. It produces annual revenues of approximately $405,000 between the two owners. The practice is comprised mostly of a large variety of business clients of which they provide monthly, quarterly, and annual accounting work (67%) and their associated business tax work (18%). This large group of business clients should help lead to great cash flow and revenues throughout the year, along with the possibility of expanding services, while the 325 individual tax clients will bring in great revenues through the tax season.

The practice does have two owners who would both prefer to exit the business, sooner rather than later.  Depending on each individual buyer’s wants and needs, the sellers can be flexible with a transition period over the first tax season to help ensure maximum client retention. The office space is very nicely decorated and well suited for a new buyer if they desire; it is not required, but highly recommended.  This is truly the perfect turn-key operation for an individual looking to jump-start a medium sized, profitable practice the easy way.

Annual Revenue:        2016: $405,000

Owners Cash Flow:    2016:  $207,000

Revenue breakdown:  
Individual and Business tax preparation: 33%
Write-up/Accounting/Payroll: 67%

Average Tax Return: >$325

Average Write-up Client: >$15,000

Facilities: Very professionally appointed multi-office with reception and conference room is available for either lease or purchase. Convenient to business clients and local restaurants.

Furniture and Equipment: Networked Computers, work stations and full complement of office furniture, printers, copiers, plus all other equipment and software included in selling price.

Staff: Three plus office manager

Software: Quickbooks, Lacerte

Sale Pending

Michigan

There are currently no listings in this area. Check back soon!

Minnesota

Listing Number Location Annual Gross Asking Price Description Status
MN1078 Northern Minnesota $589,000 $600000

Geographic Location: Northern Minnesota

Practice Details: CPA owner ready to retire. This firm has a great location and has been in business over 30 years with an excellent area reputation and loyal client base. The practice has had a stable revenue pattern with a nicely balanced revenue stream. The owner is ready to sell, however willing to provide transition support to optimize the client retention for the new owner.

Annual Revenue: Gross revenue for 2016 $589,000. .

Revenue Breakdown: 25% monthly accounting services 50% personal and business tax preparation 25% payroll and other business services

Profitability: Owner’s discretionary cash flow has been stable at 40% of gross revenue.

Facilities: Seller owned facility with 3 plus offices and a reception area, Seller will lease or sell to buyer.

Furniture and Equipment: Fully equipped with all Office Furniture and all other equipment, networked computers, monitors, copiers, printers etc. included in the price

Staff: Key Staff have non-competes and will stay on with new buyer. The owner will be available for an extended transition to provide tax season support and transition support to optimize client retention.

Software: Accounting: CS Accounting. Tax: UltraTax. Windows 7. Quick Books and other office and billing software.

Available
Request Info
MN1076 MNPLS/STPAUL $210,000 $229,000

Practice Details:  Very Profitable CPA  Tax and Accounting, Firm in business over 25 years. This Practice has had significant growth pattern in the past few years with a tax preparation oriented revenue stream. Excellent area reputation and loyal client base.  Seller ready to sell now, however willing to provide transition support to optimize the client retention for the new owner.

Annual Revenue:  Gross Revenue for 2015 > $210k Growth has averaged a 25% increase since 2013
.
Revenue Breakdown: 
26% Monthly and Quarterly Accounting
74% Tax Prep

Profitability:  Owner’s Cash Flow exceeded 50% of Gross Revenue in 2015.

Facilities:  Assumable leased facility with 3 Offices, Reception Area, Conference room plus Storage.

Furniture and Equipment:   Fully equipped with all Office Furniture and all other equipment. 2015 networked computers, monitors.  Copiers, printers etc. included in the Price

Staff:  The experienced and knowledgeable staff will stay through transition, possibly beyond. Seller will be available for  transition support to optimize client retention.

Software:  Accounting: Quick Books.  Tax: Drake, Lacerte. Plus office and billing software.

Available
Request Info
MN1077 Northern Minnesota $279,000 $279,000

Geographic location: Northern Minnesota
Practice details:Very Profitable CPA Accounting and Tax Firm in business over 25 years. This Practice has a consistent revenue growth pattern with an emphasis on tax preparation.  Excellent area reputation and loyal client base.  Seller ready to sell, however willing to provide transition support to optimize the client retention for the new owner.
2016 Gross Revenue estimated at $279,000 Great Bill Rates!
Revenue breakdown: Individual and Business tax preparation: 66% Write-Up/Bookkeeping 34%
Facilities:Seller owned facility with 3 Offices, Reception Area, 3 Conference rooms plus Storage Room. Will lease or sell to buyer
Furniture and equipment:Fully equipped with all Office Furniture and all other equipment, networked computers, monitors, copiers, printers etc. included in the Price
Staff:The experienced and knowledgeable staff will stay on with new Owner. Owner will be available for  transition to provide Tax Season Support and transition support to optimize client retention.

Available
Request Info
MN1074 Twin Cities $175,000 $184,000

Geographic location: Twin Cities
Practice details: Owner ready to retire and sell profitable and well established Tax Preparation Business. This Practice has a loyal client following and has been in business for more than 15 years with a consistently growing revenue pattern.
2016 Gross Revenue estimated at $175,000.
Revenue breakdown: Individual and Business tax preparation: 100%
Facilities: Excellent Location with parking and easy access from major freeways. Fully equipped offices with assumable lease.
Furniture and equipment: Networked Computers, work stations and full complement of office furniture, plus all other equipment and software included in selling price.
Staff: Staff will stay on, current owner will provide transition support.

Available
Request Info
MN1075 Twin Cities $800,000 $750,000

Geographic Location: North of Minneapolis
Practice Details: Very Profitable CPA Accounting, Audit and Tax Firm in business over 25 years. This Practice has a balanced revenue stream with an excellent area reputation and loyal client base. Extended transition support available to optimize client retention.
Annual Revenue: Gross Revenue for 2016 projected >$800,000. .
Revenue Breakdown: 
10% Monthly and Quarterly Accounting, 50% Tax Prep, 40% Audits and other Services
Cash Flow: $470,00 from the Practice’s 2015 Gross Revenue of $748,000.
Facilities: Seller Owned 1400 Sq Foot Suite with 5 Offices, Reception Area, 2 Conference rooms plus Storage. Available for lease or purchase.
Furniture and Equipment: Fully equipped with all Office Furniture and all other equipment, networked computers, monitors, copiers, printers etc. included in the Price.
Staff: The experienced and knowledgeable staff will stay on with new Owner if desired.
Software:Quick Books, Lacerte, etc.

Available
Request Info
MN1071 Central Minnesota $120,000 $120,000

Practice details: CPA Owner ready to sell accounting and tax practice. The revenue is nicely split with 42% accounting and 50% tax preparation. In business over 10 years with loyal client following. Annual revenue: 2015 at $120,000.
Facilities: Office building with 2 offices, reception area, Located in business section of town. Building is available for lease to the new Buyer. Furniture and equipment: Networked computers, with 3 workstations and full complement of office furniture, desks, and all equipment and software included in price. Staff: Experienced part time support staff will stay with Buyer plus Owner will provide transition support.
Software: Accounting: QuickBooks. Tax: Lacerte. MS Office

Available
Request Info
MN1073 North Central MN $250,000 $250,000

Practice details: Retiring CPA Owner seeking qualified buyer for his accounting and tax practice. The revenue is evenly split with 50% accounting and 50% tax preparation. In business over 10 years with loyal client following. Annual revenue: 2015 projected at $250,000.
Facilities: Located in commercial building with 3 offices, reception area, plus lunch and storage rooms. Assumable Lease.
Furniture and equipment: 2 fully equipped networked workstations and full complement of office furniture, desks, and all equipment and software included in price. Staff: Experienced support staff will stay with Buyer plus Owner will provide transition support.
Software: Accounting: QuickBooks. Tax: Drake.

Sold
MN1079 Twin Cities $1,100,000.00 $1x Gross

 

Tax and Accounting Practice for Sale Listing # MN 1079

Geographic Location:  Minneapolis Metro Area     

Practice Details: Very profitable firm with motivated seller located in the Minneapolis MN Metro Area. This firm has been in business for over 20 years and has a solid mix of tax preparation services, monthly write up and bookkeeping clients and other accounting services as well. Very high net worth client base with top dollar bill rates, and near 100% client retention.

Annual Revenue: Revenue pattern is growing annually with 2016 at $1,100,000.

Owner works only Part-Time only 2-3 days per week! Average Tax Return >$1100 Average Bkkp’g client >$7200

Owners Cash Flow: 30% of gross revenue, working < 1000 hours per year

Revenue Breakdown:

55% business and personal tax preparation

25% monthly and quarterly accounting services

20% other accounting services

Staff: Experienced and knowledgeable staff will stay on with new owner. CPA,EA and staff essentially run business, with owner working part-time, even during tax season. Seller will provide transition support.

Facilities: Excellent location in a high traffic Class AA office building with multiple offices for management and staff, plus reception area and conference room.

Furniture and Equipment:  Full complement of server, networked computers, scanners, printers, work stations, etc. and software and all office furniture and equipment included in price.

Software: Accounting: Quick Books     Tax Prep: Lacerte  Office: ACT CRM System

Available
Request Info
MN1080 Northern Minnesota $660000 $600000

CPA Tax and Accounting Practice for Sale Listing  MN1080

Geographic location:  Northern Minnesota

Practice details: CPA Owners seeking buyer for very profitable well established tax and accounting practice.  The Practice has been in business over 25 years with a diversified, (business and individual), and established loyal client base. Steady revenue and profit stream.

Annual Revenue:      2016  $670,000

Owners Cash Flow:    2016  $328,000

Revenue breakdown: 

Individual tax preparation: 30%

Business tax preparation: 50%

Write-up/accounting/other business services:  20%

Facilities:  Excellent location.  Multiple fully equipped working offices plus reception and conference areas. Assumable lease.

Furniture and equipment: Networked Computers, work stations and full complement of office and conference room furniture, printers, copiers, plus all other equipment and software included in selling price.

Staff: Staff will stay on with new owner plus current owner will provide transition support.

Software:  Accounting: Easy Acct, Quick Books.  Tax: Ultra Tax

Asking Price:  $600,000

Available
Request Info

Missouri

Listing Number Location Annual Gross Asking Price Description Status
MO2081 South Central Missouri $360,000 $360,000

Geographic Location:  South Central Missouri (Listing #MO2081)

Practice Details: CPA is retiring and ready to sell this highly profitable CPA firm located in South Central Missouri.  The practice has an excellent location and has been in business for over 15 years.   The revenue is nicely split between tax preparation and other accounting services.

Annual Revenue: Revenue pattern is growing annually with 2017 at $360,000

Owner Cash Flow: $167,000

Revenue Breakdown:

40% business and personal tax preparation

45% monthly and quarterly accounting services

15% payroll and other services

Staff: Experienced and knowledgeable staff will stay on with new owner, plus the seller will provide transition support.

Facilities:  Located in highly visible office facility with multiple offices, reception area, and conference room.

Furniture and Equipment:  Networked computers, scanners, printers, work stations, etc. and software and all office furniture and equipment included in price.

Software:  Accounting: QuickBooks Tax Prep: Ultra Tax

Don’t pass up this opportunity if you want to acquire a profitable CPA tax practice with growth potential.

Available
Request Info
MO2064 Central $144000 $129000

Geographic Location:  Central Missouri (Listing #MO 2064)

Practice Details: This very well-established EA Tax and Accounting Practice is located in Central Missouri and produces steady annual gross revenues of approximately $144,000 and has been serving clients in the community for over 35 years.  There is a quality client base that includes around 270 loyal, individual tax clients combined with several dozen business clients of which they offer a variety of services for.  The firm has a solid fee structure and is highly-profitable with cash-flow to owner of more than 75% and has a nice mix of services to help provide year-round income.  The owner has done little advertising in the past few years and the majority of the business clients were obtained entirely through referrals which should continue to be a great referral source and provide further opportunities for expansion of services.

Annual Revenue:        2016: $144,000

Owners Cash Flow:    2016:  $108,000

Revenue breakdown:  
Individual and Business tax preparation: 59%
Write-up/Accounting/Payroll: 41%

Average Tax Return: $320

Average Write-up Client: $2,400

Facilities:  Hi visibility location. Efficient working offices plus shared kitchen.  Ample parking. Many local service businesses nearby. Assumable Lease.

Furniture and Equipment: Networked Computers, work stations and full complement of office furniture, printers, copiers, plus all other equipment and software included in selling price.

Staff: One plus seasonal staff.

Software:   QuickBooks, Drake

Available
Request Info
MO2066 Western Metro $15000000 $$CALL

Geographic Location:  Western Missouri – Metro (Listing #MO 2066)

Practice Details: This CPA Tax & Auditing practice has annual gross revenues of $1,500,000.  The firm is well respected in the community and enjoys a quality client base, many of whom have been with the owner since the ’70s, There is an excellent mix of services including 54% derived from tax and accounting services provided to a thriving group of businesses, while the remainder consists of 27% governmental accounting/auditing services, and 19% individual tax preparation. There is a solid, steady, and consistent monthly revenue stream, which helps provide year-round income and steady employment. There is a strong cash flow to owner of approximately 45%, which is well above industry standards for practices of this size.  There is also an experienced, knowledgeable staff in place to assist a seasoned CPA looking to get into a successful practice or a firm looking to expand into the market.

Annual Revenue:        2016: $1,500,000

Owners Cash Flow:    2016:  $675,000

Revenue breakdown:  
Individual and Business tax preparation: 53%
Write-up/Accounting/Payroll: 47%

Average Tax Return: $275

Average Write-up Client: $9,200

Facilities:  Class A office space. Modern and upscale working offices plus conference room and reception area.  In-house food service.  Ample parking.  Assumable Lease.

Furniture and Equipment: Networked Computers, work stations and full complement of office furniture, printers, copiers, plus all other equipment and software included in selling price.

Staff: Seven plus interns.

Software:   CCH ProFx, Quickbooks and Sage

Available
Request Info
MO2080 Eastern $791000 $749000

Geographic Location:  Eastern Missouri Metro (Listing #MO 2080)

Practice Details:  This practice, in operation since the early 90’s, has grown to its present level of nearly $800K in revenues which have remained fairly consistent for at least the past four years. Accounting services are provided on a monthly basis to essentially two business sectors contributing to efficiencies in servicing those accounts. An additional two sectors comprise a smaller percentage of the accounting services revenues. A good portion of the tax preparation and payroll services are connected to these accounting clients. The balance of tax services revenues is from traditional “tax only” clients served primarily on a once per year basis.

Long term, capable staff are in place and will stay to help assure a smooth, successful transition of clients. The present owner is also willing to participate in a longer term transition, gradually reducing hours part-time program to add additional assurance of client retention.

Annual Revenue:        2016: $791,000

Owners Cash Flow:    2016:  $348,800

Revenue breakdown:  
Individual and Business tax preparation: 47%
Write-up/Accounting/Payroll: 53%

Average Tax Return: >$310

Average Write-up Client: >$22,200

Facilities: Hi visibility location. Efficient working offices plus shared kitchen.  Ample parking. Many local service businesses nearby. Assumable Lease.

Furniture and Equipment: Networked Computers, work stations and full complement of office furniture, printers, copiers, plus all other equipment and software included in selling price.

Staff: Five plus office manager and interns.

Software:   CS Accounting, UltraTax, Quickbooks

Available
Request Info
MO2065 Springfield $290000 $279999

Geographic Location:  Missouri (Listing #MO 2065) – SOLD

Practice Details:  This is a well-established CPA firm located about 50 miles south of Springfield.

Practice revenue is generated from a nice mix of tax preparation (53%) with the balance being accounting services (32%), payroll (10%) and other services (5%).

Software used is Ultra Tax and Creative Solutions and QuickBooks.  The staff consist of 2 full time, 1 part time and 1 seasonal.

The current office space is available for lease if needed.   The business is available for immediate possession and is well positioned for continued growth.  The seller is available for a transition period.

Annual Revenue:        2016: $290,000

Owners Cash Flow:    2016:  $140,000

Revenue breakdown:  
Individual and Business tax preparation: 53%
Write-up/Accounting/Payroll: 47%

Average Tax Return: >$300

Average Write-up Client: >$9,000

Facilities:  Efficient working offices plus conference room. Main street. Ample parking.  Assumable Lease.

Furniture and Equipment: Networked Computers, work stations and full complement of office furniture, printers, copiers, plus all other equipment and software included in selling price.

Staff: Two plus

Software:   Ultra Tax, Quickbooks

Sold
MO1082 St Louis $130000 $130000

Geographic location:  St Louis MO Metro Area  (Listing MO1082)

Practice details: CPA Owner retiring and seeking qualified buyer for a very profitable well established audit, tax and accounting practice.  The practice has been in business over 15 years with an established and diversified, client base.

Annual revenue:    2017: Projected at $130,000

Owners Cash Flow:    2016:  $85,000

Revenue breakdown:

Audit services: 80% 

Individual tax preparation: 10%

Write-up/Accounting/Payroll:  10%

Facilities:  Practice will transfer to Buyers facilities.

Equipment: Computers, printers miscellaneous equipment and software included in selling price.

 

Software:  Accounting: Quick Books  Tax: Pro Series

Available
Request Info

Montana

Listing Number Location Annual Gross Asking Price Description Status
MT2050 Western Montana $480000 $$CALL

Geographic Location:  Western Montana (Listing #MT2050)

Practice Details: CPA Owner looking forward to retirement and a long successful career, is seeking a qualified buyer for profitable well established tax and accounting practice.  The Practice has been in business over 19 years with an established and diversified client base.  Owner anticipates assisting buyer through an appropriate transition period to maximize knowledge transfer and client retention.

Annual Revenue:        2016: $480,000

Owners Cash Flow:    2016:  $168,000

Revenue breakdown:  
Individual and Business tax preparation: 80%
Write-up/Accounting/Payroll: 20%

Average Tax Return: >$275

Average Write-up Client: >$10,500

 

Facilities:  Excellent location. Multiple fully equipped working offices plus reception and conference areas.  Owner occupied; seller is open to selling or leasing to new practice owner.

Furniture and Equipment: Networked Computers, work stations and full complement of office and conference room furniture, printers, copiers, plus all other equipment and software included in selling price.

Staff: Five (5).  Two are seasoned CPA’s.

Software:  ProSystems and Peachtree

Available
Request Info
MT2052 Central Montana $287000 $300000

Geographic Location:   Central Montana (Listing #MT2052)

Practice Details: Long-standing, stable practice, single owner CPA is ready to sell.  The Practice has been in business over 22 years with an established and diversified client base.

Annual Revenue:        2016: $287,000

Owners Cash Flow:    2016:  $118,000

Revenue breakdown:  
Individual and Business tax preparation: 67% (27% Business / 40% Individual)
Write-up/Accounting/Payroll: 33%

Average Tax Return:  >$325

Average Write-up Client: >$9,000

 

Facilities:  Excellent location. Owner owned.  Wishes to sell however is open to leasing space to the new practice owner.

Furniture and Equipment: Networked Computers, work stations and full complement of office and conference room furniture, printers, copiers, plus all other equipment and software included in selling price.

Staff: One seasoned Professional plus part-time Office Manager.  Seasonal interns available from local university.

Software:  Lacerte and Quickbooks

Available
Request Info
MT2054 Eastern Montana $175000 $169000

Geographic Location:   Eastern Montana (Listing #MT2054)

Practice Details: CPA Owner retiring and seeking qualified buyer for profitable well established Tax Preparation business. The Practice has been in business over 15 years with an established and loyal client base.  Consistent revenue growth.

Annual Revenue:        2016: $175,000

Owners Cash Flow:    2016:  $73,500

Revenue breakdown:  
Individual and Business tax preparation: 100%
Write-up/Accounting/Payroll: na

Average Tax Return: >$325

Average Write-up Client: na

 

Facilities:  Excellent location with ample parking. Just off major highway. Fully equipped offices.  Assumable Lease.

Furniture and Equipment: Networked Computers, work stations and full complement of office and conference room furniture, printers, copiers, plus all other equipment and software included in selling price.

Staff: Staff will stay on.  Current owner will provide transition support.

Software:  Lacerte.

Available
Request Info
MT2080 Western $450000 $399000

Geographic Location:  Western Montana (Listing #MO 2080) – PENDING

Practice Details: This well-established CPA practice for sale in Western Montana produces annual gross revenues of approximately $450,000, which are nicely balanced between tax (54%), accounting (35%) and other services (11%) to provide year-round income.

Ideally located in an area known for high-quality of life, low cost of living and an abundance of outdoor recreational opportunities, this reputable practice serves a loyal client base that should generate referrals and provide opportunities for expansion of services.

It has a solid fee structure and produces strong cash flow to owner of more than 50% of gross.  With a knowledgeable staff in place and recent technology upgrades, which have enhanced productivity and overall efficiency, this turn-key practice is primed for a new owner, a smooth transition, and continued growth.

It would be the perfect size for an experienced individual CPA ready to jump into practice ownership or would make a profitable addition to another established firm looking to expand in this market.

Annual Revenue:        2016: $450,000

Owners Cash Flow:    2016:  $232,500

Revenue breakdown:  
Individual and Business tax preparation: 54%
Write-up/Accounting/Payroll: 46%

Average Tax Return: >$275

Average Write-up Client: >$10,000

Facilities: Very professionally appointed multi-office with reception and conference room is available for either lease or purchase. Convenient to business clients and local restaurants.

Furniture and Equipment: Networked Computers, work stations and full complement of office furniture, printers, copiers, plus all other equipment and software included in selling price.

Staff: Three plus office manager

Sale Pending

North Dakota

Listing Number Location Annual Gross Asking Price Description Status
ND1050 SE North Dakota $190000 $195000

Geographic location:  SE North Dakota (Listing #ND 1050)

Practice details: Owners seeking buyer for very profitable well established tax and accounting practice.  The Practice has been in business over 6 years with a diversified, (business and individual), established and loyal client base.

Annual revenue:      2017  $190,000

Owners Cash Flow:    2017  $76,000

Revenue breakdown: 

Individual and Business tax preparation: 78%

Write-up/Accounting/Payroll:  22%

Facilities:  Excellent downtown location.  Multiple fully equipped working offices plus reception and conference areas. Assumable lease.

Furniture and equipment: Networked Computers, work stations and full complement of office and conference room furniture, printers, copiers, plus all other equipment and software included in selling price.

Staff: Staff will stay on with new owner plus current owner will provide transition support.

Software:  Accounting: Quick Books Pro.  Tax: Pro Series Professional

Available
Request Info
ND2054 Rural $195000 $179000

Geographic Location: Rural (Listing #ND2054)

Practice Details: Here’s a nice established practice for someone looking to jump start going out on their own or for a long-time practitioner looking to slow down to semi-retirement. The owner is willing to stay involved to help insure a successful transition of the clients and the present staff tax accountant could possibly be retained for another one or two tax seasons to help ease into taking over the workload.

 Annual Revenue:       2016: $195,000

Owners Cash Flow:    2016:  $86,000

Revenue breakdown:  
Individual and Business tax preparation: 56% (38% individual & 18% corporate, estate, trusts & non-profits)
Write-up/Accounting/Payroll: 44%

Average Tax Return: >$250

Average Write-up Client: >$12,500

 

Facilities: The owner-occupied building is also available, either to lease or acquire, providing room for expansion as well as current rental income.

Furniture and Equipment: Networked Computers, work stations and full complement of office and conference room furniture, printers, copiers, plus all other equipment and software included in selling price.

Staff: One

Software: Lacerte, QuickBooks

Available
Request Info
ND2056 City $615000 $$CALL

Geographic Location:  North Dakota (Listing #ND 2056)

Practice Details:  Two-owner tax and accounting practice in vibrant northeastern ND town.  The Practice has been in business over 25 years with an established and diversified client base.  Owners are looking forward to retirement after a long, successful career. Owners anticipate assisting buyer through an appropriate transition period to maximize knowledge transfer and client retention

Annual Revenue:        2016: $615,000

Owners Cash Flow:    2016:  $375,000

Revenue breakdown:  
Individual and Business tax preparation:  40%
Write-up/Accounting/Payroll: 48%

Consulting and ad hoc: 12%

 

Facilities:  Excellent location. Beautiful modern office building along main business street with ample off street parking. Multiple fully equipped working offices plus reception and conference areas.

Furniture and Equipment: Networked Computers, work stations and full complement of office and conference room furniture, printers, copiers, plus all other equipment and software included in selling price.

Staff: Practice has two long-time employees; one professional and one clerical

Software:  CCH ProFx, Quickbooks and Sage

Available
Request Info
ND2056 Central $284000 $279000

Geographic Location:  Central North Dakota (Listing #ND 2056)

Practice Details: CPA Owner retiring and seeking qualified buyer for profitable well established tax and accounting practice.  Well established, stable practice with excellent growth potential.  Highly structured client appointment system to effect efficient tax season workload.  Excellent technology system enabling working remotely to extent desired

Annual Revenue:        2016: $287,000

Owners Cash Flow:    2016:  $145,000

Revenue breakdown:  
Individual and Business tax preparation: 84% (63% Individuals & 21% Business)
Write-up/Accounting/Payroll: 7%

Consulting: 9%

Average Tax Return: >$300

Average Write-up Client: >$7,000

 

Facilities:   Very professionally appointed, owner occupied and available for either lease or purchase Fully equipped working offices plus reception and conference areas.

Furniture and Equipment: Networked Computers, work stations and full complement of office and conference room furniture, printers, copiers, plus all other equipment and software included in selling price.

Staff: Two

Software:   Lacerte

Available
Request Info
ND2055 Western $236000 $199000

Geographic Location:  North Dakota (Listing #ND 2055) – PENDING

Practice Details:  This well-established tax & accounting practice for sale in Western ND produces annual gross revenues of approx. $236,000. It’s located in a beautiful and growing region where outdoor recreational opportunities such as fishing, hunting, hiking and camping are limitless.

The practice has earned a reputation in the community for providing high-quality, personal service and has developed a loyal client base of individuals and businesses.  It has a solid fee structure and generates strong cash flow to owner of more than 50% of gross.

With a highly-visible office and a tenured, seasonal staff in place, this turn-key practice would be the perfect size and opportunity for any experienced accountant ready to grow a profitable business in an ideal setting.

Annual Revenue:        2016: $236,000

Owners Cash Flow:    2016:  $126,000

Revenue breakdown:  
Individual and Business tax preparation: 63%
Write-up/Accounting/Payroll: 37%

Average Tax Return: >$275

Average Write-up Client: >$10,000

Facilities: Hi visibility location. Efficient working offices plus conference room. Ample parking.  Assumable Lease.

Furniture and Equipment: Networked Computers, work stations and full complement of office furniture, printers, copiers, plus all other equipment and software included in selling price.

Staff: Two

Software:   Lacerte, Quickbooks

Sale Pending

Wisconsin

Listing Number Location Annual Gross Asking Price Description Status
WI1088 Madison WI $365,000 $379,000

Geographic location:  Central Wisconsin  (Listing # WI 1088)

Practice details: CPA Owner retiring and seeking qualified buyer for  profitable well established tax and accounting practice.  The Practice has been in business over 15 years with an established and diversified,  client base.

Annual revenue:      2015: $365,000

Owners Cash Flow:    2015:  $155,000

Revenue breakdown: 
Individual and Business tax preparation: 55%
Write-up/Accounting/Payroll:  45%

Facilities:  Excellent  location. Multiple fully equipped working offices plus reception and conference areas.  Assumable Lease.

Furniture and equipment: Networked Computers, work stations and full complement of office and conference room furniture, printers, copiers, plus all other equipment and software included in selling price.

Staff: Staff will stay on with new owner plus current owner will provide transition support.

Software:  Accounting: Creative Solutions.  Tax: Ultra Tax

Available
Request Info
WI1087 Central WI $420,000 $420k

Geographic location:  Central Wisconsin  (Listing # WI 1087)

Practice details: CPA Owners seeking buyer for very profitable well established tax and accounting practice.  The Practice has been in business over 20 years with a diversified, (business and individual), established and loyal client base.

Annual revenue:      2015  $420,000

Owners Cash Flow:    2015  $248,000

Revenue breakdown: 
Individual and Business tax preparation: 70%
Write-up/Accounting/Payroll:  30%

Facilities:  Excellent downtown location.  Multiple fully equipped working offices plus reception and conference areas. Month to Month Lease.

Furniture and equipment: Networked Computers, work stations and full complement of office and conference room furniture, printers, copiers, plus all other equipment and software included in selling price.

Staff: Staff will stay on with new owner plus current owner will provide transition support.

Software:  Accounting: CS, Quick Books.  Tax: LaCerte, Proseries

Available
Request Info
WI1086 East Central WI $900,000 $900,000

Geographic location: East Central Wisconsin

Practice details: CPA Owners are seeking buyer for profitable and growing accounting and tax practice. The Practice has been in business over 20 years with an established and loyal client base.

Annual revenue: 2015 $900,000+

Owner Cash Flow: 2015 $500,000+

Revenue breakdown: Individual and Business tax preparation: 40%
Write-up/Accounting/Payroll: 60%

Facilities: Excellent Location. Multiple fully equipped working offices plus reception and conference areas. Assumable lease or purchase.

Furniture and equipment: Networked Computers, work stations and full complement of office and conference room furniture, printers, copiers, plus all other equipment and software included in selling price.

Staff: Owners amenable to merger or buyout. Partner(s) willing stay on with new owner and or provide transition support as needed.

Software: MAS 90, Quick Books, CCH Pro System

Available
Request Info
WI1083 Western WI $500,000 $500,000

Geographic location: Vernon County 

Practice details: Owner is ready to retire from profitable growing well established tax and accounting practice. The Practice has been in business over 15 years. Possible seller financing. Seller willing to provide extended transition support if needed.

Annual revenue: 2015 at $500k+

Revenue breakdown: 
Individual and Business tax preparation: 30%
Write-up/Accounting/Payroll: 70%
Average Tax return is >$300
Average Write up Client is >$10,000

Facilities: Downtown Location. Four fully equipped working offices plus reception and conference area. Assumable lease.

Furniture and equipment: Networked Computers, work stations and full complement of office furniture, plus all other equipment and software included in selling price.

Staff: Staff will stay on with new owner plus current owner will provide extended transition support.

Software: Accounting:
Quick Books. Tax: Lacerte

Available
Request Info
WI1084a Appleton Area $190,000 $180,000

Practice details: CPA Owner is anxious to sell very profitable and growing accounting and tax practice.  The Practice has been in business over 10 years. Bonus: The Seller will offer a guarantee on future billings, plus seller financing and transition support.

Owner Cash Flow:   $140,000

Revenue breakdown: 
Individual and Business tax preparation: 47%
Write-up/Accounting/Payroll:  53%

Facilities:  Excellent Location. Two fully equipped working offices plus reception and conference area. Assumable lease.

Furniture and equipment: Networked Computers, work stations and full complement of office furniture, plus all other equipment and software included in selling price.

Staff: Staff will stay on with new owner plus current owner will provide extender transition support.

Software:  CSA, Quick Books, UltraTax

Sold
WI1090 Milwaukee Metro $1500000 $1600000

Geographic Location:   Milwaukee Metro  Listing # WI 1090

Practice Details: Highly profitable CPA firm located in the Milwaukee WI Metro Area.  This firm has been in business for over 15 years and has a solid mix of tax preparation, write up and bookkeeping clients with other accounting and payroll services as well.

Note: Owner will consider revenue guarantee and seller financing!

Annual Revenue: Revenue pattern is growing annually with 2016 at $1,400,000 with 2017 projected at 1,500,000.

Owners Cash Flow: Approaching 50% of gross revenue.

Revenue Breakdown:

65% business and personal tax preparation

25% monthly and quarterly accounting services

10% other accounting services

Staff: Experienced and knowledgeable staff will stay on with new owner, plus seller will provide transition support.

Facilities:  Situated in a high traffic office building location with multiple offices for management and staff, plus reception area and conference room.

Furniture and Equipment:  Networked computers, scanners, printers, work stations, etc. and software and all office furniture and equipment included in price.

Software:  Accounting:  Quick Books   Tax Prep:  Ultra Tax

Available
Request Info
WI1091 Ozaukee County $177,500 $$159,000

Geographic Location:   Ozaukee County Listing # WI 1091

Practice Details: The owner is retiring and ready to sell this highly profitable firm. The practice has been in business for over 14 years and has a loyal client base with the majority of revenue coming from individual and tax preparation.

Annual Revenue:  2017 at $177.500.

Revenue Breakdown:

98% Personal tax preparation

2% Business tax preparation

Staff: Experienced, Bilingual, knowledgeable staff person will stay on with new owner, plus seller will provide transition support.

Facilities:  Located in office building with an assumable lease if buyer wishes to continue operations in the same area. 1 office plus reception area and meeting and storage rooms.

Furniture and Equipment:  Computers, scanners, printers, work stations, etc. and software and all office furniture and equipment included in price.

Software:   Taxslayer Pro

Don’t pass up this opportunity if you want to acquire a profitable tax practice with growth potential.

Note: Owner is asking only $159,000 and will consider some seller financing!

 

 

Available
Request Info
WI1092 Milwaukee/Madison Corridor $163000 $129000

Geographic Location:  Milwaukee Madison Corridor Listing # WI 1092

Practice Details: The CPA owner is retiring and ready to sell this highly profitable firm. The practice has been in business for over 20 years and has a loyal client base with the majority of revenue coming from business accounting and tax plus individual tax preparation. Note: this firm has an excellent growth potential as the owner has been declining new clients as part of plan to downsize and retire.

Annual Revenue:  2017 at $163,000

Revenue Breakdown:

55% Business monthly accounting and taxes

45% Individual tax preparation

Staff: None.

Facilities:  Located in office building with high visibility and an assumable lease if buyer wishes to continue operations in the same location. Utilities included in rent.

Furniture and Equipment:  All office furniture and equipment included in price.

Software:   Accounting: Sage.  Tax: Intuit Pro Series.

Don’t pass up this opportunity if you want to acquire a profitable tax practice with an excellent opportunity for growth potential

Note: Owner will consider seller financing

Available
Request Info