Description:
This well-established Tax & Accounting practice for sale in the Lansing area has annual gross revenues of approx. $140,000. The practice has been providing quality tax, payroll, and accounting services for individuals and businesses in the community for the past 26 years. The practice is highly profitable, generating strong cash flow to owner of 67% of gross. Although the practice predominately provides tax services (93%), the loyal client base, which does include a number of businesses, should provide ample opportunities for expansion and continued growth through referrals to provide year round income. The seller has turned down bookkeeping and payroll in preparation for retirement and feels a marketing-oriented buyer has a terrific opportunity to tap the existing client base for new referral business and likely grow the client base substantially in the near future. This practice would make a nice-sized addition to another firm or a great foundation for someone ready to jump start a new practice.