$620K Geneva (Chicago) Area Tax and Accounting Practice

Gross Revenue: $619,000

Location: MidWest, Illinois

Industry: Accounting, Tax Preparation, Bookkeeping and Payroll Services

Listing ID: IL-2039

Listing Status: Available


This highly profitable tax and accounting practice is in a desirable area in the western suburbs of Chicago. The firm is thriving and returned Seller’s Discretionary Earnings of nearly $300,000 in 2023. The Practice revenues have doubled in the last seven years with a wide variety of clients. Average fees are strong, and the staff consists of two CPAs, in addition to the seller, as well as an office manager and seasonal support employees. Staff are aware of the sale and the Seller believes that the staff will continue with the new owner, provided the current (or nearby) location is maintained. The practice has a blend of individual and business returns with no single client representing over 5% of Revenue.


Year Established: 2004


Reason For Sale:

The owner is nearing retirement and wishes to sell to have more flexibility.

Training & Support:

The seller is very willing to assist in smoothly transitioning the clients to a new owner and is open to various arrangements as a continuing employee or contractor.

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Joshua Dennis, CPA

Joshua Dennis, CPA