Sterling Heights, MI CPA Practice for Sale
 SOLD
Listing #: MI1135
Location:
Type:
Annual Revenue: $674,000
 Asking Price: $740,000
Presented by:
The Holmes Group
Toll-Free: 800-397-0249
Description:
This well-respected CPA practice for sale in Sterling Heights, MI has annual gross revenues of approximately $674,000.  The firm provides a full range of comprehensive tax and accounting services to a diverse client base of desirable businesses and loyal individuals. The practice caters to high-quality clients with over 65% of the revenue derived from businesses and overall, they are nicely mixed between services to provide year-round income, with 53% from tax, 38% from accounting services, 7% payroll and the balance consists of miscellaneous consulting services.  There is a good fee structure in place generating strong cash flow to owners nearing 60% of gross. This opportunity is ideal for a seasoned CPA ready to transition into a profitable, turn-key practice with an established location and a quality book of business. It would also be ideal for another established firm in the area looking to expand its client base. Both partners are flexible and would be willing to work with the buyer through an extended transition period, if desired, to help ensure a smooth transition and maximum client retention.
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