Northeast of Detroit, MI CPA Practice for Sale
SOLD
Listing #: MI1146
Location:
Type:
Annual Revenue: $1,025,000
Asking Price: $1,230,000
Presented by: |
The Holmes Group |
Toll-Free: 800-397-0249 |
Description:
This well-established, thriving CPA practice for sale is located northeast of Detroit, MI and has annual gross revenues of approximately $1,025,000. Â Revenues are nicely balanced between accounting services (80%), tax work (13%), and payroll and miscellaneous services (6%) to provide year-round income. Â There is a solid fee structure in place generating strong cash flow to owner of about 50% of gross. Â This is an ideal opportunity for a seasoned CPA to step into a profitable practice with an established book of quality clients and an experienced staff in place to assist in a smooth transition and provide capacity for growth. Â Alternatively, it would also make for a good expansion for a nearby firm looking to grow or an established firm outside the area looking to expand into the Southeast Michigan market.
This well-established, thriving CPA practice for sale is located northeast of Detroit, MI and has annual gross revenues of approximately $1,025,000. Â Revenues are nicely balanced between accounting services (80%), tax work (13%), and payroll and miscellaneous services (6%) to provide year-round income. Â There is a solid fee structure in place generating strong cash flow to owner of about 50% of gross. Â This is an ideal opportunity for a seasoned CPA to step into a profitable practice with an established book of quality clients and an experienced staff in place to assist in a smooth transition and provide capacity for growth. Â Alternatively, it would also make for a good expansion for a nearby firm looking to grow or an established firm outside the area looking to expand into the Southeast Michigan market.
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