Description:
This well-established, reputable CPA Tax & Accounting Practice for sale in Bloomfield/Troy/Birmingham Area has annual revenues of approximately $450,000. The practice provides first-rate tax, accounting, and review services to a high-quality, loyal client base of individuals and businesses. The firm has an excellent fee structure in place and generates strong cash flow to owner of over 55% of gross. Revenues are desirably balanced between tax (63%), accounting (24%), Medicare cost reporting (11%), and reviews (3%) to provide steady, year-round income. There is experienced staff in place and the quality client base, composed of many businesses and business owners, should offer opportunities for expansion of services and continued growth through referrals. The seller is also willing to stay on with a new buyer at a reduced capacity in order to facilitate a smooth transition. This turn-key, technologically advanced practice utilizing cloud based software solutions, is an exceptional opportunity for an experienced CPA ready to jump into practice ownership or an established firm in the area looking to expand. Additionally, the firm has a strong niche and reputations with Home Health Agencies and Hospices which have significant growth opportunities.