Listing Number Location Annual Gross Asking Price Status
MI1122 Livonia $411,000 $500,000 Sold

Description:

This well-established CPA practice is located in Livonia, Michigan and has annual gross revenues of approximately $411,000. The practice caters to a quality client base that includes loyal individuals and many businesses, which should offer plenty of opportunities for expansion of services and continued growth through referrals. Revenues are nicely balanced between services to include tax work (60%) and accounting/bookkeeping services (40%) that provides steady, year round income. The practice generates strong cash flow to owner nearing 60% of gross. With a tenured, knowledge staff in place, this turn-key practice would be the perfect size and opportunity for an experienced CPA ready to transition into practice ownership and grow a profitable business.  It would also be ideal for another established firm in the area looking to expand. The seller is flexible and has expressed a willingness to work with the buyer through an extended transition period, if desired, to help ensure maximum client retention.

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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