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Glendale, CA CPA Practice For Sale
SOLD
Listing #: CAS1549
Location:
Type:
Annual Revenue: $401,000
Asking Price: $520,000
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Description:
The owner is a CPA. This practice was established in 1978. Software in use includes CCH Pro Systems and QuickBooks. Approximately 88 bookkeeping clients, generating $326,000 in revenue. Included in the bookkeeping revenue is the tax revenue of the 45 business clients. Approximately 80 individual tax returns with an average fee of $613 per return. Approximately 30 other tax returns with an average fee of $1,100 per return. $31,200 +/- revenue is generated via other service, audit, review, etc.. Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $276,000. Lease expires in October 31, 2018.
The owner is a CPA. This practice was established in 1978. Software in use includes CCH Pro Systems and QuickBooks. Approximately 88 bookkeeping clients, generating $326,000 in revenue. Included in the bookkeeping revenue is the tax revenue of the 45 business clients. Approximately 80 individual tax returns with an average fee of $613 per return. Approximately 30 other tax returns with an average fee of $1,100 per return. $31,200 +/- revenue is generated via other service, audit, review, etc.. Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $276,000. Lease expires in October 31, 2018.
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