Non-Franchise, Absentee Owner Run Tax Practice in Lake County, IN

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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

Established, non-franchise tax practice with experienced staff and absentee owner model.
Opportunity to expand services (accounting, payroll) with minimal owner involvement.
Pre-qualified for financing, with potential for working capital and equipment funds.

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

Features & Tags

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