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San Jose CPA Practice - Motivated Seller - Flexible With Price & Terms
SOLD
Listing #: CAN1782
Location: California
Type: CPA TAX BOOKKEEPING
Annual Revenue: $824,300
Asking Price: $995,000
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| The A Team |
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Description:
• The two owners are CPAs and willing to assist in transition and ongoing servicing of clients
• This practice was established in 2012
• Software in use includes Prosystem FX, QuickBooks, Office Tools Pro, Abacus Private Cloud, Citrix Sharefile.
• This practice was established in 2012
• Software in use includes Prosystem FX, QuickBooks, Office Tools Pro, Abacus Private Cloud, Citrix Sharefile.
2022 revenue includes:
• Approximately $139,000 in bookkeeping services for 22 clients
• Approximately 416 individual tax returns with an average fee of $772 per return
• Approximately 165 business tax returns with an average fee of $1,188 per return
• Approximately 57 other tax returns with an average fee of $1,337 per return
• Approximately $139,000 in bookkeeping services for 22 clients
• Approximately 416 individual tax returns with an average fee of $772 per return
• Approximately 165 business tax returns with an average fee of $1,188 per return
• Approximately 57 other tax returns with an average fee of $1,337 per return
Other revenue:
- Approximately $52,350 in audit and review
- Approximately $39,540 in other services
- Approximately $52,350 in audit and review
- Approximately $39,540 in other services
• Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $522,809 (2022)
• Lease expires on October 31, 2024
• Lease expires on October 31, 2024
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