Upper Michigan CPA Practice for sale $800k with >50% cash flow

Asking PriceNot Disclosed

Cash Flow
$422,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$819,000

InventoryNot Disclosed

FF&ENot Disclosed

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Upper Michigan CPA Practice for sale $800k with >50% cash flow


Asking PriceNot Disclosed

Cash Flow
$422,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$819,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
NEW CPA Tax Practice for Sale

LISTING NUMBER MI3077

Geographic Location: Northern Lower Michigan

Practice Details: Highly profitable CPA tax practice located in the Northern Lower area of Michigan on Lake Michigan. 2 CPA owners plus 1 receptionist so it is run lean. One of the CPA partners is willing to stay on long term. They own the offices which they will also sell eventually.

Annual Revenue: $819,000
Owners Cash Flow: $422,000
Revenue breakdown: Individual and Business tax: 80%, Write up: 7%, 10% estate planning. No audits or reviews

Facilities: 4 offices + reception area with 7 other rooms = 2800 sq feet, rent is $4500 monthly, triple net and assumable

Furniture and Equipment: all computers, desks, file cabinets, and server phone system come with the practice.

Staff: 2 CPA owners + receptionist

Software: Accounting CS, QB, UltraTax, ProSystem FX
About the Business
Real Estate
Owned or Leased
Leased
Listing Info
ID
2404383
Listing Views
182

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Business Listed by: Willow Whitney Accounting Firm Sold, LLC

Listing ID: 2404383 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.