Sterling Heights, MI CPA Practice for Sale

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Asking Price:
$740,000

Gross Revenue:
$674,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This well-respected CPA practice for sale in Sterling Heights, MI has annual gross revenues of approximately $674,000. The firm provides a full range of comprehensive tax and accounting services to a diverse client base of desirable businesses and loyal individuals. The practice caters to high-quality clients with over 65% of the revenue derived from businesses and overall, they are nicely mixed between services to provide year-round income, with 53% from tax, 38% from accounting services, 7% payroll and the balance consists of miscellaneous consulting services. There is a good fee structure in place generating strong cash flow to owners nearing 60% of gross. This opportunity is ideal for a seasoned CPA ready to transition into a profitable, turn-key practice with an established location and a quality book of business. It would also be ideal for another established firm in the area looking to expand its client base. Both partners are flexible and would be willing to work with the buyer through an extended transition period, if desired, to help ensure a smooth transition and maximum client retention.

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Listing Info

ID:
1424409
Ad Detail Views:
80

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U.S. Census Data for Macomb County, MI
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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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