SOLD
San Jose, CA CPA Practice For Sale
Listing #
CAN1584
Location
Annual Revenue
$194,000
Asking Price
$260,000
Type
Presented by: |
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The A Team |
Toll Free: (888)783-7822x3 |
Description:
The owner is a CPA. This practice was established in 1998. Software in use includes Lacerte. Approximately 7 bookkeeping clients, generating $38,700 of the gross revenue. Approximately 124 individual tax returns with an average fee of $950 per return. Approximately 10 business tax returns with an average fee of $1,350 per return. Approximately 12 other tax returns with an average fee of $1,255 per return. $8,600+/- revenue is generated via tax planning and other services. Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $129,000. Lease expires in 11/30/2017 with renewal option.
The owner is a CPA. This practice was established in 1998. Software in use includes Lacerte. Approximately 7 bookkeeping clients, generating $38,700 of the gross revenue. Approximately 124 individual tax returns with an average fee of $950 per return. Approximately 10 business tax returns with an average fee of $1,350 per return. Approximately 12 other tax returns with an average fee of $1,255 per return. $8,600+/- revenue is generated via tax planning and other services. Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $129,000. Lease expires in 11/30/2017 with renewal option.
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