SOLD
Encinitas Virtual CPA Practice
Listing #
V1005
Location
California
Annual Revenue
$1,265,500
Asking Price
$1,950,000
Type
CPA TAX BOOKKEEPING PAYROLL
Presented by:
The A Team
Toll Free: (888)783-7822x3
Description:
• The two owners are CPAs • This practice was established in 2002 • Software in use includes Lacerte, QuickBooks Online • Approximately 53 bookkeeping clients generating $703,582 in revenue • Approximately 138 individual tax returns with an average fee of $1,282 per return • Approximately 59 business tax returns with an average fee of $1,906 per return • Approximately $35,500 in revenue is generated via payroll processing, etc. • Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $1,039,328 (Proj 2021) • Lease expires in N/A. Virtual Practice.
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