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Phoenix CPA Practice
SOLD
Listing #: AZ1144
Location: Arizona
Type: CPA TAX BOOKKEEPING
Annual Revenue: $704,000
Asking Price: $845,000
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Description:
• The owner is a CPA • This practice was established in 2002 • Software in use includes Lacerte, QuickBooks, CCH ProSystems fx, MS Office • Approximately $294,000 in annual revenue, via bookkeeping (111 clients) • Approximately 242 individual tax returns with an average fee of $744 per return • Approximately 116 business tax returns with an average fee of $819 per return • Approximately 17 other tax returns with an average fee of $882 per return • Other revenue generated for 2021: $85,000 in consulting and $35,000 in other services • Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $402,627 (Proj 2022) • Lease expires on November 30, 2022. Assumable lease of newly renovated office space
• The owner is a CPA • This practice was established in 2002 • Software in use includes Lacerte, QuickBooks, CCH ProSystems fx, MS Office • Approximately $294,000 in annual revenue, via bookkeeping (111 clients) • Approximately 242 individual tax returns with an average fee of $744 per return • Approximately 116 business tax returns with an average fee of $819 per return • Approximately 17 other tax returns with an average fee of $882 per return • Other revenue generated for 2021: $85,000 in consulting and $35,000 in other services • Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $402,627 (Proj 2022) • Lease expires on November 30, 2022. Assumable lease of newly renovated office space
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