Description:
Thriving CPA practice for sale in the Lansing area has billed nearly $280,000 in the last twelve months. It is a quality practice which, even throughout the recent downturn in the economy, has shown a resilience to grow over 10% a year for the past two years. The practice focuses on serving the needs of small to medium size businesses when it comes to tax work (23%), accounting services (26%), and payroll (18%). The balance of the practice consists of 240 high-end individual tax returns averaging $350+ and a few small business/software consulting services. The owner has utilized a high level of ethics and customer service solidifying the relationships of their loyal client base, which in turn, should set the buyer up for continued growth for many years to come. The practice also has a strong fee structure in place   producing cash flow to owner of 54% of gross! There is a seasoned staff in place to assist with smooth transition as well as the owner's flexibility. All this combines for a true turn-key operation and would serve as an ideal starter practice or a strong addition to any established firm looking to grow through acquisition.