Listing Number Location Annual Gross Asking Price Status
MI1062 Dearborn $257,216 $320,000 Sold

Description:

Tax season is nearly upon us, which means this could be the last opportunity to purchase a new tax-heavy practice we have just listed for sale in Dearborn, MI.  This well-established and highly profitable practice produces annual revenues of over $257,000 and a net profit to owner of 65% or $158,500.  The practice consists of mostly tax work for individuals (713 @ $231 each) and businesses (35 @ $503 each).  They also have six monthly bookkeeping accounts to go with 15 annual clients that make up around $66,000 of business. 

This is an excellent time to purchase a tax practice with revenues just around the corner.  There is a well-established tax preparer in place and the owner is also very flexible with regard to transition to ensure maximum client retention.  This practice has an excellent reputation in the community with new clients coming from referrals and an extremely limited (< $1,000) advertising budget.  In fact, they often times turn away new clients, which means anyone with desire to grow could easily do so from day one!  This truly is a turn-key operation and there is no time for waiting since this practice can and will sell fast.

To obtain additional information on this practice go to Request More Information and register with broker. You can also be placed on a free listing notification list. Not all information is included above due to confidentiality concerns. The information is provided by sellers and has not been audited or verified by Accounting Practice Sales, Inc. or any of its independent brokers. Buyers are responsible for their own due diligence before buying any practice. Buying and operating a tax or accounting practice involves a certain amount of risk and requires business experience and professional skills.

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