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Tucson CPA Practice (Motivated Seller - Potential for Virtual Practice)
SOLD
Listing #: AZ1138
Location: Arizona
Type: CPA TAX BOOKKEEPING
Annual Revenue: $250,000
Asking Price: $315,000
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Description:
• The owner is a CPA and meets with only 1% of clients at a shared office space. • This practice was established in 2010 • Software in use includes Drake, QuickBooks, MS Office • Approximately 17 bookkeeping clients generate $60,000 in revenue • Approximately 120 individual tax returns with an average fee of $750 per return • Approximately 70 business tax returns with an average fee of $1,214 per return • Approximately $10,000 in revenue is generated via consulting • Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $190,382 (Proj 2023) • Lease expires in N/A. Virtual Practice.
• The owner is a CPA and meets with only 1% of clients at a shared office space. • This practice was established in 2010 • Software in use includes Drake, QuickBooks, MS Office • Approximately 17 bookkeeping clients generate $60,000 in revenue • Approximately 120 individual tax returns with an average fee of $750 per return • Approximately 70 business tax returns with an average fee of $1,214 per return • Approximately $10,000 in revenue is generated via consulting • Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $190,382 (Proj 2023) • Lease expires in N/A. Virtual Practice.
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