Accounting/Tax practice that does Bookkeeping, Write up, Payroll and other services. The business located in the western suburbs. Established by the current owner for over 20 years. Extremely high margins, with recurring revenues on a bi-weekly, monthly, quarterly, and year end basis. All write up /bookkeeping services are invoiced and paid within 21 days. Business and individual tax preparation is 22% of the revenue. Average business tax return per client is $1200, Average individual tax return per client is $975, and the average monthly revenue per client is $7,850.
The Software is Drake and QuickBooks.