Listing Number Location Annual Gross Asking Price Status
MI1065 Lansing Area $279,000 $350,000 Sold

Description:

Thriving CPA practice for sale in the Lansing area has billed nearly $280,000 in the last twelve months. It is a quality practice which, even throughout the recent downturn in the economy, has shown a resilience to grow over 10% a year for the past two years. The practice focuses on serving the needs of small to medium size businesses when it comes to tax work (23%), accounting services (26%), and payroll (18%). The balance of the practice consists of 240 high-end individual tax returns averaging $350+ and a few small business/software consulting services.

The owner has utilized a high level of ethics and customer service solidifying the relationships of their loyal client base, which in turn, should set the buyer up for continued growth for many years to come. The practice also has a strong fee structure in place  producing cash flow to owner of 54% of gross! There is a seasoned staff in place to assist with smooth transition as well as the owner's flexibility. All this combines for a true turn-key operation and would serve as an ideal starter practice or a strong addition to any established firm looking to grow through acquisition.

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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