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Northridge CTEC Practice
SOLD
Listing #: CAS1621
Location: California
Type: TAX BOOKKEEPING
Annual Revenue: $254,000
Asking Price: $300,000
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Description:
• The owner is a CTEC/CRTP • This practice was established in 1986 • Software in use includes Drake, QuickBooks, MS Office • Approximately 29 bookkeeping clients generating $77,000 in revenue • Approximately 543 individual tax returns with an average fee of $178 per return • Approximately 114 business tax returns with an average fee of $452 per return • Approximately 8 other tax returns with an average fee of $438 per return • $1,100 +/- in revenue is generated via other services, etc. • Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $43,000 • Lease expires in N/A. Month-to-month
• The owner is a CTEC/CRTP • This practice was established in 1986 • Software in use includes Drake, QuickBooks, MS Office • Approximately 29 bookkeeping clients generating $77,000 in revenue • Approximately 543 individual tax returns with an average fee of $178 per return • Approximately 114 business tax returns with an average fee of $452 per return • Approximately 8 other tax returns with an average fee of $438 per return • $1,100 +/- in revenue is generated via other services, etc. • Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $43,000 • Lease expires in N/A. Month-to-month
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