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Pacific Palisades CPA Practice
SOLD
Listing #: CAS1703
Location: California
Type: CPA TAX BOOKKEEPING
Annual Revenue: $1,505,000
Asking Price: $1,800,000
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Description:
• The owner is a CPA • This practice was established in 1981 • Software in use includes Lacerte, Accounting CS, Citrix • Approximately $68,600 in annual revenue, via accounting/compilations (10 clients) • Approximately 525 individual tax returns with an average fee of $836 per return • Approximately 480 business tax returns with an average fee of $2,032 per return • Approximately $21,150 in other tax returns • Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $736,468 (2021) • Lease expires on N/A. Seller owns building and is open to leasing to the buyer, if needed.
• The owner is a CPA • This practice was established in 1981 • Software in use includes Lacerte, Accounting CS, Citrix • Approximately $68,600 in annual revenue, via accounting/compilations (10 clients) • Approximately 525 individual tax returns with an average fee of $836 per return • Approximately 480 business tax returns with an average fee of $2,032 per return • Approximately $21,150 in other tax returns • Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $736,468 (2021) • Lease expires on N/A. Seller owns building and is open to leasing to the buyer, if needed.
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