Burbank CPA Practice
 SOLD
Listing #: CAS1713
Location: California
Type: CPA TAX BOOKKEEPING PAYROLL
Annual Revenue: $1,548,000
 Asking Price: $1,775,000
Presented by:
The A Team
Toll Free: (888)783-7822x3
Description:
• The owner is a CPA • This practice was established in 1985 • Software in use includes Lacerte, QuickBooks, Thomson Reuters Practice, MS Office 365 Projected 2022 revenue includes: • Approximately $678,000 in annual revenue, via business mgmt., accounting, tax/financial planning, QuickBooks set-up, bookkeeping, and consulting, (210 clients) • Approximately 500 individual tax returns with an average fee of $740 per return • Approximately 230 business tax returns with an average fee of $1,900 per return • +/- $63,000 via payroll services (70 clients) • Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $701,410 (Proj 2022) • Lease expires on N/A. Seller owns building and would be open to leasing to the buyer.
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