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Troy, MI CPA Practice for Sale

Troy, MI (Oakland County)

Troy, MI CPA Practice for Sale
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Asking Price: $415,000

Cash Flow: N/A

Gross Revenue: $350,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Troy, MI CPA Practice for Sale

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Business Description

This well-established CPA practice for sale is located in Troy, MI and has annual gross revenue of approximately $350,000. Revenues are comprised predominately from tax work for businesses (59%) and their individual business owners (27%), along with some accounting/bookkeeping, some quarterly payrolls, and a few reviews, which should offer plenty of opportunities for expansion of services and continued growth through referrals. There is a strong fee structure in place, and with minimal overhead expenses, the firm generates exceptional cash flow consistently in the 85% of gross range.

This ideal practice opportunity would make the perfect starter practice for an individual buyer or a nice addition to an existing firm in the area with the capacity to add revenues and profitable book of clients to their firm. Although there are no employees in the practice available to transition to the buyer, the seller has expressed an interest and willingness to work with the buyer through the 2019/2020 to ensure a smooth and seamless transition for clients, if buyer desires.

Detailed Information

Location:
Troy, MI
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The Holmes Group

Business Listed By:
The Holmes Group

Accounting Practice Sales

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Sponsoring Broker:
Accounting Practice Sales

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