Location: Western Illinois
Asking Price: 1.0x Gross Billings Based on Retention
Terms: 1/2 to 3/4 down, balance negotiable
Reason for Selling: Retirement

2026 Projected Revenue Breakdown
Personal Tax Services: $109,875
Business Tax Services: $3,415
Total: $113,290

Description:

This established individual income tax practice offers a buyer a lean, highly organized client base of approximately 350 loyal, recurring clients, most of whom submit information through a secure drop-off system rather than in-person appointments. Client retention has historically run around 90% annually, and the client base has been intentionally refined over the years to retain only well-organized clients who pay on time.

The clientele is largely composed of wage earners, including teachers, government employees, railroad workers, retirees, and some small businesses and farmers. The practice currently operates from a home office and will relocate to the buyer's location, and runs on Lacerte tax software. For a buyer who holds a securities license, the seller would also consider including an established book of investment clients as part of the transition.

The seller is available for a reasonable transition period and open to seller financing for a qualified buyer.