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Fullerton, CA CPA Practice For Sale
SOLD
Listing #: CAS1575
Location:
Type:
Annual Revenue: $580,000
Asking Price: $650,000
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Description:
The owner is a CPA. This practice was established in 1971. Software in use includes Lacerte, QuickBooks, CFS. Approximately 9 bookkeeping clients generating $12,200 in revenue. Approximately 780 individual tax returns with an average fee of $495 per return. Approximately 82 business tax returns with an average fee of $1,240 per return. Approximately 67 other tax returns with an average fee of $1,114 per return. $5,400 +/- in revenue is generated via payroll processing. Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $192,600. Lease expires in June 2020.
The owner is a CPA. This practice was established in 1971. Software in use includes Lacerte, QuickBooks, CFS. Approximately 9 bookkeeping clients generating $12,200 in revenue. Approximately 780 individual tax returns with an average fee of $495 per return. Approximately 82 business tax returns with an average fee of $1,240 per return. Approximately 67 other tax returns with an average fee of $1,114 per return. $5,400 +/- in revenue is generated via payroll processing. Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $192,600. Lease expires in June 2020.
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