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Woodland Hills CPA Practice (Motivated Seller - Terms and Guarantees)
SOLD
Listing #: CAS1632
Location: California
Type: CPA TAX BOOKKEEPING
Annual Revenue: $350,000
Asking Price: $500,000
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Description:
• The owner is a CPA • This practice was established in 2003 • Software in use includes ProSeries, Lacerte, QuickBooks • Approximately 3 bookkeeping clients generating $21,200 in revenue. • Approximately 390 individual tax returns with an average fee of $580 per return • Approximately 120 business tax returns with an average fee of $800 per return • Approximately 6 other tax returns with an average fee of $600 per return • $3,000 +/- in revenue is generated via payroll processing, etc. • Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $240,000 • Lease expires in May 2021
• The owner is a CPA • This practice was established in 2003 • Software in use includes ProSeries, Lacerte, QuickBooks • Approximately 3 bookkeeping clients generating $21,200 in revenue. • Approximately 390 individual tax returns with an average fee of $580 per return • Approximately 120 business tax returns with an average fee of $800 per return • Approximately 6 other tax returns with an average fee of $600 per return • $3,000 +/- in revenue is generated via payroll processing, etc. • Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $240,000 • Lease expires in May 2021
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