SOLD
Oceanside CTEC Practice
Listing #
CAS1624
Location
California
Annual Revenue
$968,000
Asking Price
$1,300,000
Type
TAX BOOKKEEPING PAYROLL
Presented by:
The A Team
Toll Free: (888)783-7822x3
Description:
• The owner is a CTEC/CRTP • This practice was established in 1976 • Software in use includes Lacerte, Creative Solutions, Timeslips, CFS • Approximately 60 bookkeeping clients generating $375,000 in revenue • Approximately 750 individual tax returns with an average fee of $425 per return • Approximately 130 business tax returns with an average fee of $1,000 per return • Approximately 30 other tax returns with an average fee of $450 per return • $144,000 +/- 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: $628,144 • Lease expires in N/A. Seller owns building. Seller is open to leasing or selling building to the buyer of the practice.
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