Tupelo Data Room
Accounting & Tax Practices
Active

ADD-ON Opportunity / Chicago Accounting Practice /~$0.48MM Adj. EBITDA

Chicago, Illinois, United States
Asking Price-
Revenue$1,090,000
EBITDA$483,000
Cash Flow$483,000
Description
ADD-ON Opportunity / Chicago Tax & Accounting Business / Recurring Financial Services / LTM ~$1.09MM Revenue / ~$0.48MM Adj. EBITDA Company Overview The Company is a full-service tax and accounting firm serving the Chicago metropolitan market. Founded in 2022, it provides tax preparation and planning, bookkeeping, financial statement preparation, payroll, sales and use tax compliance, and entity advisory services to individuals and small and midsized businesses. The Company has scaled through organic client growth and the successful integration of an acquired book of business in 2024. Its technology-enabled operating model supports approximately 700 annual tax returns across roughly 455 unique client relationships. Approximately 30% of revenue is generated through recurring monthly and quarterly engagements, while the remaining revenue is primarily derived from re-occurring annual tax services with historically strong retention characteristics. The business benefits from a diversified client base, broad service penetration, and limited customer concentration. A cloud-based practice management platform centralizes client communications, documentation, billing, and workflow management, enabling the Company to operate with six full-time employees plus seasonal filing-period support. Key KPIs LTM revenue: $1.09 million FY2023-FY2025 revenue CAGR: approximately 58% LTM normalized Adjusted EBITDA: $483,000 LTM normalized Adjusted EBITDA margin: 44.5% Annual tax returns: approximately 700 Unique client relationships: approximately 455 Recurring monthly and quarterly billing: approximately 30% of revenue Largest client concentration: 7.7% of revenue Top client relationships: 15.9% of revenue Full-time employees: six, plus seasonal staff Funded debt: $0 Normalized Adjusted EBITDA includes a $135,000 provision for market-rate replacement management.
Inventory
Included in Asking Price
Related Categories
accounting practice for Sale
Business for Sale in Illinois
Asking Price-