Modesto CPA Practice (Motivated Seller - Terms and Guarantees)
Status
Listing #
State
Location
Annual Revenue
Asking Price
Type
Available
CAN1509
CA
Modesto CPA Practice (Motivated Seller - Terms and Guarantees)
$1,230,000
$1,450,000
Presented by: |
![]() ![]() |
Maria Wasserman |
Toll Free: (888)783-7822x3 |
Description:
• This is a two-partner firm. Both partners are ready to retire. • This practice was established in 1988 • Software in use includes UltraTax, Quickbooks, RIA, BNA, CFS • Approximately 126 bookkeeping clients, generating $445,307 of the gross revenue • Approximately 508 individual tax returns with an average fee of $895 per return • Approximately 44 business tax returns (1120s) with an average fee of $2,375 per return • Approximately 33 business tax returns (1041s) with an average fee of $1,405 per return • Approximately 44 business tax returns (1065s) with an average fee of $3,400 per return • Approximately 15 other tax returns with an average fee of $1,424 per return • Annual earnings including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $500,000+ • Lease expires on 12/31/19 with one 5 year-option
• This is a two-partner firm. Both partners are ready to retire. • This practice was established in 1988 • Software in use includes UltraTax, Quickbooks, RIA, BNA, CFS • Approximately 126 bookkeeping clients, generating $445,307 of the gross revenue • Approximately 508 individual tax returns with an average fee of $895 per return • Approximately 44 business tax returns (1120s) with an average fee of $2,375 per return • Approximately 33 business tax returns (1041s) with an average fee of $1,405 per return • Approximately 44 business tax returns (1065s) with an average fee of $3,400 per return • Approximately 15 other tax returns with an average fee of $1,424 per return • Annual earnings including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $500,000+ • Lease expires on 12/31/19 with one 5 year-option