#5542 - North Shore Area of Chicago - ILLINOIS

The Opportunity An exceptional opportunity to acquire a highly respected, single-owner CPA firm located in the desirable North Shore area of Chicago. Established by the founding CPA and operated continuously since inception, the firm has built an outstanding reputation, a loyal client base, and a reliable stream of organic word-of-mouth referrals. The practice boasts a strong fee structure, a nice cash flow, and an experienced, dedicated staff in place to support a smooth ownership transition. The current owner is selling in preparation for retirement but is committed to providing transition assistance to a CPA buyer to ensure client retention and operational continuity. Key Highlights • Location: Desirable North Shore Area of Chicago; practice can remain in its current location. • Turnkey Practice: Experienced staff expected to remain with the firm. • Reputation & Retention: Deep-rooted client loyalty with high retention and steady referral pipelines. • Financial Performance: Excellent billing rates and good cash flow. Revenue Breakdown • 14% Accounting, Bookkeeping & Payroll • 60% Individual Income Tax Preparation • 10% Business Income Tax Preparation • 14% Estate & Trust Tax Preparation • 2% Non-Tax Consulting & Other Services Asking $385k