SOLD
Clarkston/White Lake/Waterford Area CPA Practice for Sale
Listing #
MI1171
Location
Michigan
Annual Revenue
$362,000
Asking Price
$400,000
Type
CPA
Presented by:
The Holmes Group
Toll-Free: 800-397-0249
Description:
This CPA Practice for sale in the Clarkston, White Lake, Waterford Area, MI has annual gross revenues of approximately $362,000. Revenues are nicely balanced between tax work (88%), accounting services (6%), and (6%) review services to provide year-round income. A solid fee structure generates good cash flow to owner around 55% of gross. The well-established, quality client base includes a good amount of business clients, which should offer plenty of opportunities for expansion of services and continued growth through referrals. There is experienced staff in place to assist in a smooth transition and provide capacity for growth. Both partners are also available to assist with transition through tax season, if desired, while the younger partner is willing to stay on long-term as well. This truly is the ideal-sized opportunity for an experienced accountant ready to jump into practice ownership or for an existing firm in the area looking to expand.
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