Oakland County, MI CPA Practice for Sale
SOLD
Listing #: MI1103
Location:
Type:
Annual Revenue: $168,000
Asking Price: $200,000
Presented by: |
The Holmes Group |
Toll-Free: 800-397-0249 |
Description:
This well-established CPA practice we have listed for sale in Oakland County, MI produces annual gross revenues of approximately $168,000 and caters to a quality, loyal client base of businesses and individuals. Â Revenues are derived primarily (about 90%) from tax services for businesses and business owners. In fact, almost 75% of the total revenues are generated from business clients, which should provide ample opportunities for expansion of services. The practice has a strong fee structure and, coupled with low overhead costs, generates cash flow to owner in excess of 70% of gross. It is the perfect size and opportunity for an experienced accountant ready to start a practice or an existing firm in the area seeking a profitable addition. Currently operated from a home office, this practice could be easily transitioned to any office in the desirable Oakland County area.
This well-established CPA practice we have listed for sale in Oakland County, MI produces annual gross revenues of approximately $168,000 and caters to a quality, loyal client base of businesses and individuals. Â Revenues are derived primarily (about 90%) from tax services for businesses and business owners. In fact, almost 75% of the total revenues are generated from business clients, which should provide ample opportunities for expansion of services. The practice has a strong fee structure and, coupled with low overhead costs, generates cash flow to owner in excess of 70% of gross. It is the perfect size and opportunity for an experienced accountant ready to start a practice or an existing firm in the area seeking a profitable addition. Currently operated from a home office, this practice could be easily transitioned to any office in the desirable Oakland County area.
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