Non-Franchise, Absentee Owner Run Tax Practice in Lake County, IN
Financial Details
- Asking Price:
- $335,076
- Annual Revenue:
- $268,061
- Cash Flow / SDE:
- $95,420
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 3.5x
- Location:
- IN, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This listing is for a well-established, non-franchise tax practice located in Lake County, Indiana. The business is operated by an absentee owner, with experienced staff already in place, requiring minimal owner involvement (approximately 20 hours per year). It presents a significant opportunity for a motivated buyer to potentially expand services, such as accounting and payroll, leveraging the existing client base and operational infrastructure. The practice currently uses Drake software for tax preparation. The seller is committed to facilitating a smooth client transition and will provide assistance as needed. The business has been pre-qualified for outside bank financing, with additional funds available for working capital and equipment for qualified buyers.
Industry Information
- Industry Description:
- Accounting and Tax Practices
- Classification:
- Financial Services
Real Estate & Lease
- Status:
- Available On Request
Listing Details
- Listing ID:
- 6e80b950-cb66-4fc6-a0a8-8db1e80ba853
- Deal Status:
- For Sale
- Date Posted:
- May 12, 2022
- Last Updated:
- September 15, 2025
- Currency:
- USD