$440,000 Revenue Bloomington, Indiana Accounting & Tax Practice
Business Description
SALE PENDING - Practice Overview: This 30-year-old practice is a rare gem due to 70% of revenue coming from mostly recurring accounting and payroll services with the remaining 30% coming from tax preparation. Seller’s Discretionary Earnings are expected to be ~$225,000 in 2025. The CPA owner has diligently minimized the number of 1040 returns not related to business clients to minimize tax season stress. The firm does not provide audit, review, or compilation services, meaning that no peer review is required. Staff are expected to be willing to stay with the practice. This would be an ideal firm for a CPA who would like to strike out on their own or this practice could be a great addition to an existing firm looking to expand in the Bloomington market. The Seller is willing to assist in transitioning the clients and staff to a new owner and possibly stay on in a reduced role. Small firms with such a revenue mix rarely come to the market. This is a perfect opportunity to acquire a highly profitable and easy to grow practice with staff and systems in place. Business ID: IN-2102
About the Sale
- Seller Motivation
- The Seller wishes to retire.
- Transition Support
- The Seller will sign a non-solicitation agreement. The Seller will gladly work with the Buyer to transition the clients and is open to working part-time.
Listing Info
- ID
- 2373146
- Listing Views
- 667
Listing ID: 2373146 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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