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Pasadena, CA CPA Practice For Sale
SOLD
Listing #: CAS1555
Location:
Type:
Annual Revenue: $455,000
Asking Price: $525,000
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Description:
The owner is a CPA. This practice was established in 1990. Software in use includes Lacerte, QuickBooks. Approximately 89,000 in revenue was generated from bookkeeping clients. Approximately 240 individual tax returns with an average fee of $1,120 per return. Approximately 100 business tax returns with an average fee of $625 per return. $26,000 +/- revenue is generated via consulting, audit, review, etc.. Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $192,300. Lease expires in August 2018.
The owner is a CPA. This practice was established in 1990. Software in use includes Lacerte, QuickBooks. Approximately 89,000 in revenue was generated from bookkeeping clients. Approximately 240 individual tax returns with an average fee of $1,120 per return. Approximately 100 business tax returns with an average fee of $625 per return. $26,000 +/- revenue is generated via consulting, audit, review, etc.. Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $192,300. Lease expires in August 2018.
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