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Torrance, CA EA Practice For Sale
SOLD
Listing #: CAS1578
Location:
Type:
Annual Revenue: $238,000
Asking Price: $280,000
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| The A Team |
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Description:
The owner is an EA. This practice was established in 1990. Software in use includes Dilner's Accounting. Approximately 48 bookkeeping clients generating $139,600 in revenue. Approximately 216 individual tax returns with an average fee of $287 per return. Approximately 60 business tax returns with an average fee of $496 per return. Approximately 8 other tax returns with an average fee of $326 per return. $4,500 +/- in revenue is generated via Audits - IRS, sales tax, W-2s, statement of information filings, etc.. Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $30,510. Lease expires in April 30, 2019.
The owner is an EA. This practice was established in 1990. Software in use includes Dilner's Accounting. Approximately 48 bookkeeping clients generating $139,600 in revenue. Approximately 216 individual tax returns with an average fee of $287 per return. Approximately 60 business tax returns with an average fee of $496 per return. Approximately 8 other tax returns with an average fee of $326 per return. $4,500 +/- in revenue is generated via Audits - IRS, sales tax, W-2s, statement of information filings, etc.. Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $30,510. Lease expires in April 30, 2019.
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