Description:
This well-established CPA practice is located in Livonia, Michigan and has annual gross revenues of approximately $411,000. The practice caters to a quality client base that includes loyal individuals and many businesses, which should offer plenty of opportunities for expansion of services and continued growth through referrals. Revenues are nicely balanced between services to include tax work (60%) and accounting/bookkeeping services (40%) that provides steady, year round income. The practice generates strong cash flow to owner nearing 60% of gross. With a tenured, knowledge staff in place, this turn-key practice would be the perfect size and opportunity for an experienced CPA ready to transition into practice ownership and grow a profitable business.  It would also be ideal for another established firm in the area looking to expand. The seller is flexible and has expressed a willingness to work with the buyer through an extended transition period, if desired, to help ensure maximum client retention.