San Leandro Semi Virtual CTEC Practice
 SOLD
Listing #: CAN1803
Location: California
Type: TAX BOOKKEEPING PAYROLL
Annual Revenue: $597,500
 Asking Price: $550,000
Presented by:
The A Team
Toll Free: (888)783-7822x3
Description:
• The owner is a CTEC
• This practice was established in 2010; S-Corp in 2014
• Software in use includes Taxwise, QBO, QuickBooks Desktop, MS Office
• Approximately $239,200 in annual revenue, via bookkeeping (53 clients)
• Approximately 323 individual tax returns with an average fee of $510 per return
• Approximately 66 business tax returns with an average fee of $1,218 per return
• Other projected 2023 revenue includes:
- Government forms filing fees: $9,500
- Consulting: $2,500
- Payroll: $100,800 (56 clients)
• Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $200,523 (Proj 2023)
• Lease expired on N/A.  Month-to-month.
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