SOLD
San Jose CPA Practice
Listing #
CAN1640
Location
California
Annual Revenue
$275,000
Asking Price
$395,000
Type
CPA
Presented by: |
The A Team |
Toll Free: (888)783-7822x3 |
Description:
• The owner is a CPA • The seller is amenable to working with buyer/new owner for up to two years, under an arrangement, to ensure maximum retention and growth. • This practice was established in 1998 • Software in use includes Lacerte • Approximately 6 bookkeeping clients, revenue of which is included in the tax prep • Approximately 109 individual tax returns with an average fee of $609 per return • Approximately 101 business tax returns with an average fee of $1,549 per return • Approximately 1 other tax returns with an average fee of $2,500 per return • $40,700 +/- in revenue is generated via consulting. IRS audit representation, etc. • Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $230,050 • Lease expires in N/A. Month-to-month
• The owner is a CPA • The seller is amenable to working with buyer/new owner for up to two years, under an arrangement, to ensure maximum retention and growth. • This practice was established in 1998 • Software in use includes Lacerte • Approximately 6 bookkeeping clients, revenue of which is included in the tax prep • Approximately 109 individual tax returns with an average fee of $609 per return • Approximately 101 business tax returns with an average fee of $1,549 per return • Approximately 1 other tax returns with an average fee of $2,500 per return • $40,700 +/- in revenue is generated via consulting. IRS audit representation, etc. • Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $230,050 • Lease expires in N/A. Month-to-month
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