CPA Firm For Sale – Chicago, IL Near West Suburb – $380,000 Revenue

Overview
ABA Advisors represents this CPA firm located in a near west suburb of Chicago, just west of Midway Airport. The owner wishes to sell the firm and retire from public accounting. The owner is willing to work with the buyer through the first tax season to help ensure a good handoff of clients and staff.
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The Practice
The firm has a strong mix of individual and small business tax clients, along with steady monthly recurring work that accounts for more than 40% of total revenue. The practice maintains an impressive 62% profit margin, and the existing staff is expected to remain with the firm following the transition. Prospective buyers should be a CPA or EA with solid tax experience and able to be onsite at the seller's office full time.
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Business ID# IL-2147

Reason For Sale:

Seller is of retirement age.

Training & Support:

Seller is willing to provide transitional assistance to the buyer to assist client retention and is open to working with the buyer through the first tax season following closing. Staff are not aware of the sale but the owner believes they will likely transition to the new owner.