SOLD
Central Macomb County Tax & Accounting Practice for Sale
Listing #
MI1068
Location
Annual Revenue
$461,000
Asking Price
$550,000
Type
Presented by: |
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The Holmes Group |
Toll-Free: 800-397-0249 |
Description:
This well-established tax and accounting practice is located in central Macomb County and produces annual revenues of approximately $460,000. Â The practice serves a quality clientele derived from a solid amount of tax work for individuals and small businesses making up approximately 46%. Â The balance is comprised of monthly and quarterly bookkeeping (36%) along with payroll processing (19%) which are both an excellent source of year round revenue. Â In addition, the practice serves a niche market where there is great growth potential for a new owner to take on additional clients in this area, if desired. This steadily growing practice has been bringing in a very high cash flow to owner of approximately 46% to owner or over $200,000 a year. Â There is a long-term and seasoned staff available in order to provide for a smooth transition and continued growth as well as an owner who is flexible to aid as needed. Â This practice would be ideal for an individual looking to get into a well-established practice the easy way or for an established firm in the area to pick up some additional revenues and solid staff.
This well-established tax and accounting practice is located in central Macomb County and produces annual revenues of approximately $460,000. Â The practice serves a quality clientele derived from a solid amount of tax work for individuals and small businesses making up approximately 46%. Â The balance is comprised of monthly and quarterly bookkeeping (36%) along with payroll processing (19%) which are both an excellent source of year round revenue. Â In addition, the practice serves a niche market where there is great growth potential for a new owner to take on additional clients in this area, if desired. This steadily growing practice has been bringing in a very high cash flow to owner of approximately 46% to owner or over $200,000 a year. Â There is a long-term and seasoned staff available in order to provide for a smooth transition and continued growth as well as an owner who is flexible to aid as needed. Â This practice would be ideal for an individual looking to get into a well-established practice the easy way or for an established firm in the area to pick up some additional revenues and solid staff.
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