SOLD
Irvine, CA CPA Practice For Sale
Listing #
CAS1500
Location
Annual Revenue
$750,000
Asking Price
$935,000
Type
Presented by:
The A Team
Toll Free: (888)783-7822x3
Description:
The owner is a CPA. This practice was established 30 years ago and was purchased by seller in 2002. Software in use includes Ultratax, Quickbooks, and Creative Solutions. Approximately 173 bookkeeping clients, generating $284,000 of the gross revenue. Approximately 252 individual tax returns with an average fee of $650 per return. Approximately 189 business tax returns with an average fee of $1,170 per return. Approximately 24 other tax returns with an average fee of $2,000 per return. $34,000 +/- revenue is generated via consulting. Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $346,300. Lease expires in July 2017.
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