Novato CPA Practice
SOLD
Listing #: CAN1760
Location: California
Type: CPA TAX BOOKKEEPING
Annual Revenue: $1,444,000
Asking Price: $1,650,000
Presented by: |
The A Team |
Toll Free: (888)783-7822x3 |
Description:
• The owner is a CPA • This practice was established in 2000 • Seller willing to stay on as needed to facilitate smooth transition and retention of clients • Software in use: PFX • Approximately $24,000 in revenue generating from a compilation associated with a tax return • 175 individual tax returns with an average fee of $3,840 per return • Approximately 126 business tax returns with an average fee of $4,468 per return • Approximately 27 Other returns with an average fee of $5,037 per return • Approximately $66,000 in revenue generated from Audit & Review • Approximately $63,000 in revenue generated from consulting • Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $614,585 (2021) • Lease expires: May 2024, lease assumable
• The owner is a CPA • This practice was established in 2000 • Seller willing to stay on as needed to facilitate smooth transition and retention of clients • Software in use: PFX • Approximately $24,000 in revenue generating from a compilation associated with a tax return • 175 individual tax returns with an average fee of $3,840 per return • Approximately 126 business tax returns with an average fee of $4,468 per return • Approximately 27 Other returns with an average fee of $5,037 per return • Approximately $66,000 in revenue generated from Audit & Review • Approximately $63,000 in revenue generated from consulting • Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $614,585 (2021) • Lease expires: May 2024, lease assumable
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