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Lodi (San Joaquin County) CPA Practice -Motivated Seller -Terms & Guarantees
Listing #
CAN1798
Location
California
Annual Revenue
$721,000
Asking Price
$720,000
Type
CPA
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| The A Team |
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Description:
• The owner is a CPA
• This practice was established in 1985 and incorporated in 2003
• Software in use includes Ultratax, Fixed Assets CS, Accounting CS, Practice CS, Quickbooks
• Approximately $254K in annual revenue, via bookkeeping (128 clients)
• Approximately 485 individual tax returns with an average fee of $676 per return
• Approximately 83 business tax returns with an average fee of $639 per return
• Approximately 110 other tax returns with an average fee of $755 per return
• Approximately $3K in annual revenue for other services
• Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $193,102 (2023)
• Seller owns 1,850 sq ft building space which includes six large, private offices
• This practice was established in 1985 and incorporated in 2003
• Software in use includes Ultratax, Fixed Assets CS, Accounting CS, Practice CS, Quickbooks
• Approximately $254K in annual revenue, via bookkeeping (128 clients)
• Approximately 485 individual tax returns with an average fee of $676 per return
• Approximately 83 business tax returns with an average fee of $639 per return
• Approximately 110 other tax returns with an average fee of $755 per return
• Approximately $3K in annual revenue for other services
• Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $193,102 (2023)
• Seller owns 1,850 sq ft building space which includes six large, private offices
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