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Lodi (San Joaquin County) CPA Practice -Motivated Seller -Terms & Guarantees
Listing #
CAN1798
Location
California
Annual Revenue
$690,000
Asking Price
$690,000
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
• Seller prefers a buyer located in the greater Sacramento area
• Software in use includes UltraTax, Fixed Assets CS, Accounting CS, Practice CS, QuickBooks
• Approximately $222K in annual revenue, via bookkeeping (119 clients)
• Approximately 462 individual tax returns with an average fee of $699 per return
• Approximately 82 business tax returns with an average fee of $683 per return
• Approximately 108 other tax returns with an average fee of $833 per return
• Approximately $2K 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: $161,493 (2024)
• Seller owns 1,850 sq ft building space which includes six large, private offices
• This practice was established in 1985 and incorporated in 2003
• Seller prefers a buyer located in the greater Sacramento area
• Software in use includes UltraTax, Fixed Assets CS, Accounting CS, Practice CS, QuickBooks
• Approximately $222K in annual revenue, via bookkeeping (119 clients)
• Approximately 462 individual tax returns with an average fee of $699 per return
• Approximately 82 business tax returns with an average fee of $683 per return
• Approximately 108 other tax returns with an average fee of $833 per return
• Approximately $2K 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: $161,493 (2024)
• Seller owns 1,850 sq ft building space which includes six large, private offices
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