Free Valuation
Seller Inquiry
Free Valuation
Seller Articles
Practice Listings
Our Brokers
Available
Oakland EA Practice
Listing #
CAN1791
Location
California
Annual Revenue
$700,000
Asking Price
$850,000
Type
TAX EA BOOKKEEPING PAYROLL
| Presented by: |
 |
| The A Team |
| Toll Free: (888)783-7822x3 |
Description:
• The owner is an EA
• Staff of 3 full time bookkeepers willing to stay on
• $400,000 in reoccurring revenue
• Centrally located in the Oakland/San Francisco corridor (580/880)
• This practice was established in 2007
• Software in use includes ACT Tax, CFS, AME, ADP, QuickBooks
• 2022 generated revenue as follows:
• Staff of 3 full time bookkeepers willing to stay on
• $400,000 in reoccurring revenue
• Centrally located in the Oakland/San Francisco corridor (580/880)
• This practice was established in 2007
• Software in use includes ACT Tax, CFS, AME, ADP, QuickBooks
• 2022 generated revenue as follows:
- Approximately $240,000 in annual revenue, via bookkeeping (112 clients)
- Approximately 470 individual tax returns with an average fee of $302 per return
- Approximately 67 business tax returns with an average fee of $974 per return
- Approximately 24 other tax returns with an average fee of $713 per return
- Approximately $106,000 in payroll (95 clients)
- Approximately $21,700 in consulting
- Approximately $8,000 in audit/review
- Other services: $30,000
• Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $369,404 (2022)
• Lease expires in 2028 (5-year lease)
To request more information about this practice:
Or
