Virtual Washington CPA Practice
 New
Listing #: V5260
Location: Washington
Type: CPA TAX BOOKKEEPING
Annual Revenue: $190,000
 Asking Price: $400,000
Presented by:
The A Team
Toll Free: (888)783-7822x3
Description:
• The owner is a CPA
• This practice was established in 2014
• No clients meet with the seller and staff in-person
• Software in use includes Drake Tax, TaxDome, and QuickBooks
• Approximately $19,000 in annual revenue, via bookkeeping (6 clients)

• Approximately $14,000 in annual revenue, via consulting (5 clients)
• Approximately 50 individual tax returns with an average fee of $500 per return
• Approximately 130 business tax returns with an average fee of $1,010 per return
• Approximately 2 other tax returns with an average fee of $500 per return
• Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business:  $175,093 (2023)
• Lease is N/A. Seller services clients virtually.

• The practice boasts an exceptionally high cash flow of $220,923, accounting for about 93% of its total revenue. The asking price is notably low, at just 1.8 times the cash flow.
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