|Listing Number||Location||Annual Gross||Asking Price||Status|
|MI1068||Central Macomb County||$461,000||$550,000||Sold|
This well-established tax and accounting practice is located in central Macomb County and produces annual revenues of approximately $460,000. The practice serves a quality clientele derived from a solid amount of tax work for individuals and small businesses making up approximately 46%. The balance is comprised of monthly and quarterly bookkeeping (36%) along with payroll processing (19%) which are both an excellent source of year round revenue. In addition, the practice serves a niche market where there is great growth potential for a new owner to take on additional clients in this area, if desired.
This steadily growing practice has been bringing in a very high cash flow to owner of approximately 46% to owner or over $200,000 a year. There is a long-term and seasoned staff available in order to provide for a smooth transition and continued growth as well as an owner who is flexible to aid as needed. This practice would be ideal for an individual looking to get into a well-established practice the easy way or for an established firm in the area to pick up some additional revenues and solid staff.
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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