SOLD
NW Suburbs - Novi/West Bloomfield CPA Practice for Sale
Listing #
MI1073
Location
Annual Revenue
$150,000
Asking Price
$180,000
Type
Presented by: |
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The Holmes Group |
Toll-Free: 800-397-0249 |
Description:
This well-established CPA tax and accounting practice for sale in the northwest suburbs of Detroit, in the Novi/West Bloomfield, area has a quality client base with annual revenues hovering in the $150,000 range for many years. Â The revenues are derived from a great mix of tax work for 150 individuals ($340), businesses ($1,115), and 23 miscellaneous returns ($880). Â The balance of the practice consists of a handful of monthly accounting clients and two dozen annual clients, as well as a few small reviews. Â The practice has a solid fee structure and produces nice cash flow to owner, which should only increase when incorporated into a nearby firm as the office space will not be available. Â Therefore this practice would be ideal for an established local firm with the manpower to take on additional clientele to pick up some extra revenue. Â Alternatively, it could make a good starter practice for someone looking to open up their own practice in the thriving northwest suburbs.
This well-established CPA tax and accounting practice for sale in the northwest suburbs of Detroit, in the Novi/West Bloomfield, area has a quality client base with annual revenues hovering in the $150,000 range for many years. Â The revenues are derived from a great mix of tax work for 150 individuals ($340), businesses ($1,115), and 23 miscellaneous returns ($880). Â The balance of the practice consists of a handful of monthly accounting clients and two dozen annual clients, as well as a few small reviews. Â The practice has a solid fee structure and produces nice cash flow to owner, which should only increase when incorporated into a nearby firm as the office space will not be available. Â Therefore this practice would be ideal for an established local firm with the manpower to take on additional clientele to pick up some extra revenue. Â Alternatively, it could make a good starter practice for someone looking to open up their own practice in the thriving northwest suburbs.
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