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Irvine CPA Practice
SOLD
Listing #: CAS1688
Location: California
Type: CPA TAX BOOKKEEPING
Annual Revenue: $220,000
Asking Price: $260,000
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Description:
• The owner was a CPA • This practice was established in the early 1990s - 1995 • Software in use includes Lacerte, QuickBooks • Approximately 16 bookkeeping clients generating $16,925 in revenue • Approximately 50 individual tax returns with an average fee of $382 per return • Approximately 38 business tax returns with an average fee of $2,814 per return • Approximately 6 other tax returns with an average fee of $504 per return • Approximately $70,500 in revenue via per diem fees and 1 payroll client • Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $157,805 (2021) • Lease expires in December 2022
• The owner was a CPA • This practice was established in the early 1990s - 1995 • Software in use includes Lacerte, QuickBooks • Approximately 16 bookkeeping clients generating $16,925 in revenue • Approximately 50 individual tax returns with an average fee of $382 per return • Approximately 38 business tax returns with an average fee of $2,814 per return • Approximately 6 other tax returns with an average fee of $504 per return • Approximately $70,500 in revenue via per diem fees and 1 payroll client • Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $157,805 (2021) • Lease expires in December 2022
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