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Listing Number Location Annual Gross Asking Price Status
MI1162 Farmington Hills $422,000 $510,000 Sold

Description:

This very well-established CPA practice for sale in Farmington Hills, Michigan has annual gross revenues around $422,000.  The reputable practice caters to a high-quality client base including a large amount of businesses, which should offer plenty of opportunities for expansion of services and continued growth through referrals. Revenues are nicely balanced between services to provide year round income and include accounting/bookkeeping/compilations/business tax (70%) and tax work for individuals (29%). There is a solid fee structure in place generating good cash flow to owners of 80% of gross. This practice would be the perfect size and opportunity for an experienced CPA ready to transition into practice ownership. It would also be ideal for another established firm in the area seeking expansion in this market with the sellers willing to continue on with the practice.

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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