Description:
• The owner is a CPA • This practice was established in 1991 • Software in use includes Lacerte, QuickBooks • Approximately 13 bookkeeping clients generating $46,800 in revenue • Approximately 11 payroll clients generating $16,700 in revenue • Approximately 152 individual tax returns with an average fee of $1,031 per return • Approximately 135 business tax returns with an average fee of $1,048 per return • Approximately 4 other business tax returns with an average fee of $800 per return • $75,000 +/- in revenue is generated via consulting, etc. • Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $244,515 (Proj 2021) • Lease expires in N/A. Book of Business