SOLD
Kalamazoo, MI Area Tax & Accounting Practice for Sale
Listing #
MI1084
Location
Annual Revenue
$165,000
Asking Price
$190,000
Type
Presented by: |
The Holmes Group |
Toll-Free: 800-397-0249 |
Description:
This well-established (non-certified) tax and accounting practice we have for sale in the Kalamazoo, MI area has annual revenues of approximately $165,000. Â The practice has a loyal, quality client base, which should offer plenty of opportunities for expansion of services and continued growth through referrals. Approximately 61% of the revenues are derived from tax preparation services, 30% from accounting/bookkeeping and 9% payroll services which provide for year-round income. Â The practice has a solid fee structure and produces strong cash flow to owner of about 40% of gross. Â There is an experienced support staff in place and would be the perfect starter practice for an individual buyer or nice addition to an existing firm in the area. Â Also, with tax season just around the corner, the seller is anxious to work out a deal prior to tax season and would be willing to assist in an extended transition period in order to ensure a seamless transition of the clientele.
This well-established (non-certified) tax and accounting practice we have for sale in the Kalamazoo, MI area has annual revenues of approximately $165,000. Â The practice has a loyal, quality client base, which should offer plenty of opportunities for expansion of services and continued growth through referrals. Approximately 61% of the revenues are derived from tax preparation services, 30% from accounting/bookkeeping and 9% payroll services which provide for year-round income. Â The practice has a solid fee structure and produces strong cash flow to owner of about 40% of gross. Â There is an experienced support staff in place and would be the perfect starter practice for an individual buyer or nice addition to an existing firm in the area. Â Also, with tax season just around the corner, the seller is anxious to work out a deal prior to tax season and would be willing to assist in an extended transition period in order to ensure a seamless transition of the clientele.
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