|REF||STATE||LOCATION||ANNUAL GROSS $||STATUS||PRIVATE SALE / BROKER|
|0669||IL||SW Chicago Suburbs||$90,000||sold||ABA Advisors, LLC|
ABA Advisors represents this Accounting and Tax practice located in the Lincoln Way Area.
The practice has approximately 340 clients.
Business tax work 12%
Individual tax work 52%
The sale of this practice presents an opportunity to acquire a book of tax, accounting, and payroll clients with a short term lease.
This practice should allow an accountant to strike out on their own or alternatively would be a great addition to an existing firm.
Solid practices in similar areas have been selling for multiples from 1.15 to 1.35 times gross billings, plus furniture and equipment.
Terms are negotiable and the seller seeks an experienced accountant that will take care of the clients.
The seller is open to putting together a deal that makes sense for both parties.
In terms of transition the seller is willing to provide transitional assistance to the buyer to help ensure client retention.