SOLD
Troy, MI Tax & Accounting Practice
Listing #
MI5106
Location
Michigan
Annual Revenue
$1,600,000
Asking Price
$1,650,000
Type
Presented by:
The Holmes Group
Toll-Free: 800-397-0249
Description:
This reputable Tax, Accounting, & Representation/Resolution Practice for sale in Troy, MI has annual gross revenues of approximately $1,600,000.  The practice serves a high-quality, client base, including a good number of businesses as well as loyal individuals, which should continue to generate referrals and opportunities for expanding services. Revenues are nicely balanced to provide for steady, year-round cash flow and are comprised of 32% Tax, 16% Bookkeeping, 43% IRS & State Tax Resolution, & 10% Consulting/ERC.  There is a solid fee structure in place generating strong cash flow to owner over 40% of gross.  This turn-key opportunity is complete with staff and has grown consistently in recent years and is poised to continue expanding if run similarly going forward.  This is the perfect size for an experienced CPA, EA, or even an attorney ready to start a practice or it could also be a profitable addition for another firm looking to expand in the area.
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