Houghton County CPA Practice for Sale
Status
Listing #
State
Location
Annual Revenue
Asking Price
Type
SOLD
MI1102
Houghton County CPA Practice for Sale
$302,000
$300,000
Presented by: |
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The Holmes Group |
Toll-Free: 800-397-0249 |
Description:
This CPA Tax & Accounting practice in Houghton County, Michigan has annual gross revenues of approximately $302,000. Revenues are nicely balanced among tax work (54%), accounting services (40%), with the remaining (6%) derived from consulting, tax planning, and IRS correspondence to provide year-round income. This well-established firm has a solid reputation in the local community for providing high-quality, personalized service to a loyal client base that includes a good amount of business clients, which should continue to offer plenty of opportunities for expansion of services and continued growth through referrals. Â There is a solid fee structure in place generating cash flow to owner of nearly 40% of gross. With trained staff in place and a seller looking to assist with an extended transition, this turn-key practice is primed for a new owner and continued growth.
This CPA Tax & Accounting practice in Houghton County, Michigan has annual gross revenues of approximately $302,000. Revenues are nicely balanced among tax work (54%), accounting services (40%), with the remaining (6%) derived from consulting, tax planning, and IRS correspondence to provide year-round income. This well-established firm has a solid reputation in the local community for providing high-quality, personalized service to a loyal client base that includes a good amount of business clients, which should continue to offer plenty of opportunities for expansion of services and continued growth through referrals. Â There is a solid fee structure in place generating cash flow to owner of nearly 40% of gross. With trained staff in place and a seller looking to assist with an extended transition, this turn-key practice is primed for a new owner and continued growth.