Northern MI CPA Practice for Sale
SOLD
Listing #: MI1155
Location:
Type:
Annual Revenue: $155,000
Asking Price: $160,000
Presented by: |
The Holmes Group |
Toll-Free: 800-397-0249 |
Description:
This well-established CPA Tax & Accounting firm located in Northern, MI has gross revenues to be sold of approximately $155,000. The firm currently provides tax work 65%, and related accounting services 35%, to approximately 350 individual 1040 clients and 125 business clients in the Northern Michigan area. The owners are looking to sell only the tax portion of the practice so that the minority tax partner can exit the practice and enjoy retirement, while the remaining majority partner can continue to focus solely on the audit work. A buyer will have plenty of opportunity for expansion of services and continued growth through referrals from the solid number of business clients included in the sale. With the exiting partner available to assist with transition thru this upcoming tax season, this truly is the ideal-sized opportunity for an experienced individual ready to jumpstart a practice with an established book of business. It would also make a profitable addition to another area firm with extra capacity.
This well-established CPA Tax & Accounting firm located in Northern, MI has gross revenues to be sold of approximately $155,000. The firm currently provides tax work 65%, and related accounting services 35%, to approximately 350 individual 1040 clients and 125 business clients in the Northern Michigan area. The owners are looking to sell only the tax portion of the practice so that the minority tax partner can exit the practice and enjoy retirement, while the remaining majority partner can continue to focus solely on the audit work. A buyer will have plenty of opportunity for expansion of services and continued growth through referrals from the solid number of business clients included in the sale. With the exiting partner available to assist with transition thru this upcoming tax season, this truly is the ideal-sized opportunity for an experienced individual ready to jumpstart a practice with an established book of business. It would also make a profitable addition to another area firm with extra capacity.
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