Listing Number Location Annual Gross Asking Price Status
MI1071 Troy $230,000 $288,500 Sold

Description:

This well-established CPA practice is located in the desirable suburb of Troy with gross revenues of approximately $230,000.  The practice has a quality client base which includes many full-service business clients.  In fact, nearly ¾ of the total revenues of the practice are derived from the monthly, quarterly, and annual business clientele and their associated tax work.  The individual taxes should not be overlooked however as there are approximately 158 returns averaging $400 a piece.  All of this combines for a strong tax season while also creating a steady stream of cash flow throughout the year.

The practice has been slowly and steadily growing over the years since its inception in 1992.  It is the perfect size for an individual seeking a turn-key practice or an established firm looking to grow.  There is also a knowledgeable, tenured CPA employee in place, who would be an asset to the new owner through transition and future growth of the firm.  This along with the seller willing to assist in a transition period will provide a seamless hand off of clients to the new owner.

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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