Business Description

This established Tax & Accounting Practice in Crystal Lake, Illinois generates around $177,000 in annual revenue with strong profit margins and low overhead costs. The business has a solid fee structure resulting in a consistent cash flow to the owner, mainly from individual tax clients (66%) with additional income sources from business tax work, other returns, and bookkeeping (34%). Situated in a sought-after Chicago suburb, the practice is available for acquisition without any lease obligations, making it an excellent opportunity for an experienced tax accountant looking to enter practice ownership or a local firm interested in expanding its client base. The current owner, who is considering retirement, is willing to support a smooth transition to the new owner if needed. This Tax & Accounting Practice offers a stable income stream throughout the year due to its diverse client base and service offerings, ensuring a steady cash flow for the new owner. With a well-established presence in the region and no lease commitments, this business presents an attractive opportunity for a seasoned tax professional seeking to