San Jose CTEC Practice
Delisted
Listing #: CAN1653
Location: California
Type: CTEC
Annual Revenue: $460,000
Asking Price: $560,000
Presented by: |
The A Team |
Toll Free: (888)783-7822x3 |
Description:
• The owner is a CTEC • This practice was established in 1965 • Software in use includes ProSeries, QuickBooks, Windows 7 & 10 • Approximately 13 bookkeeping and payroll clients generating $7,200 in revenue • Approximately 1050 individual tax returns with an average fee of $410 per return • Approximately 10 business tax returns with an average fee of $900 per return • Approximately 10 other tax returns with an average fee of $800 per return • $6,000 +/- in revenue is generated via audit and review of tax returns, compilation, consulting, etc. • Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $192,000 • Lease expires in 2021
• The owner is a CTEC • This practice was established in 1965 • Software in use includes ProSeries, QuickBooks, Windows 7 & 10 • Approximately 13 bookkeeping and payroll clients generating $7,200 in revenue • Approximately 1050 individual tax returns with an average fee of $410 per return • Approximately 10 business tax returns with an average fee of $900 per return • Approximately 10 other tax returns with an average fee of $800 per return • $6,000 +/- in revenue is generated via audit and review of tax returns, compilation, consulting, etc. • Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $192,000 • Lease expires in 2021
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