Riverside CPA Practice
SOLD
Listing #: CAS1360
Location:
Type:
Annual Revenue: $200,762
Asking Price: $255,000
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Description:
clientele is mostly blue collar, some self-employed, some professional. There is no specialties in any service or industry. All marketing has been word of mouth. Practice can be relocated within the area. All clients meet at the office except audit clients. The seller's rate is $125/hour. Much of the billing is value or contract billing. Tax returns are formulated by form in Lacerte. The largest client is about 6% at about $11,000 (there are two in this rangeââ•‚¬Å¡Ã‚¬Ã‚¦both audit clients) The ratio of revenue generated in and out of tax season is running about 60% during tax season (Jan to May) 40% the remainder of the year. Most of the audits are in Barstow. One is in Colton/Bloomington area. This practice and its revenue has been stable for about 20 years. The ideal buyer will be personable, soft spoken, people friendly, patient are some of the qualities that I believe will maintain and grow this practice..
clientele is mostly blue collar, some self-employed, some professional. There is no specialties in any service or industry. All marketing has been word of mouth. Practice can be relocated within the area. All clients meet at the office except audit clients. The seller's rate is $125/hour. Much of the billing is value or contract billing. Tax returns are formulated by form in Lacerte. The largest client is about 6% at about $11,000 (there are two in this rangeââ•‚¬Å¡Ã‚¬Ã‚¦both audit clients) The ratio of revenue generated in and out of tax season is running about 60% during tax season (Jan to May) 40% the remainder of the year. Most of the audits are in Barstow. One is in Colton/Bloomington area. This practice and its revenue has been stable for about 20 years. The ideal buyer will be personable, soft spoken, people friendly, patient are some of the qualities that I believe will maintain and grow this practice..
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