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Sacramento CPA Practice - Motivated Seller
SOLD
Listing #: CAN1799
Location: California
Type: CPA
Annual Revenue: $335,000
Asking Price: $250,000
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Description:
MOTIVATED SELLER - REDUCED ASKING PRICE FROM $340,000 FOR AN ALL-CASH DEAL.
• The owner is a CPA
• This practice was established in 1992
• Software in use includes Lacerte, Creative Solutions, and Excel
• Approximately $118,200 in annual revenue, via bookkeeping (41 clients)
• Approximately 335 individual tax returns with an average fee of $481 per return
• Approximately 61 business tax returns with an average fee of $809 per return
• Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $236,000 (2022)
• Lease is month to month. Office space is located in a cul-de-sac with covered, gated parking. There are two exec offices, 1 staff office, 1 reception area, and file/box rooms
• This practice was established in 1992
• Software in use includes Lacerte, Creative Solutions, and Excel
• Approximately $118,200 in annual revenue, via bookkeeping (41 clients)
• Approximately 335 individual tax returns with an average fee of $481 per return
• Approximately 61 business tax returns with an average fee of $809 per return
• Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $236,000 (2022)
• Lease is month to month. Office space is located in a cul-de-sac with covered, gated parking. There are two exec offices, 1 staff office, 1 reception area, and file/box rooms
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