Southeast Michigan CPA Practice for Sale
Asking Price: | $480,000 |
Gross Revenue: | $472,000 |
Cash Flow: | $285,765 |
Established Year: | 1974 |
This well-established, reputable CPA Tax & Accounting Practice for sale in Southeast Michigan (North of Detroit) with annual gross revenues of approximately $492,000. The firm provides first-rate tax, accounting, tax planning and ancillary services to a high-quality, loyal client base of individuals and businesses. The firm has an excellent fee structure in place and generates strong cash flow to owner of over 60% of gross. Revenues are desirably balanced between tax (80%), accounting (8%), and other services (12%) to provide steady, year-round income. In fact, with approximately 50% of billings occurring after May 1, it provides consistent revenue throughout the year. There is experienced staff in place and the quality client base, composed of many businesses and business owners, should offer opportunities for expansion of services and continued growth through referrals. This profitable practice is an excellent opportunity for an experienced CPA ready to jump into practice ownership or an established firm in the area looking to expand.
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