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Costa Mesa, CA CPA Practice For Sale
SOLD
Listing #: CAS1565
Location:
Type:
Annual Revenue: $337,900
Asking Price: $425,000
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Description:
The owner is a CPA. This practice was established in 1976. Software in use includes Drake, QuickBooks. Approximately 23 bookkeeping clients generating $100,360 in revenue. Approximately 133 individual tax returns with an average fee of $904 per return. Approximately 65 business tax returns with an average fee of $1,331 per return. Approximately 5 fiduciary tax returns with an average fee of $1,775 per return. $21,800 +/- in revenue is generated via audit, etc.. Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $114,000. Lease expires in N/A. Seller owns building..
The owner is a CPA. This practice was established in 1976. Software in use includes Drake, QuickBooks. Approximately 23 bookkeeping clients generating $100,360 in revenue. Approximately 133 individual tax returns with an average fee of $904 per return. Approximately 65 business tax returns with an average fee of $1,331 per return. Approximately 5 fiduciary tax returns with an average fee of $1,775 per return. $21,800 +/- in revenue is generated via audit, etc.. Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $114,000. Lease expires in N/A. Seller owns building..
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