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Long Beach EA & CPA Practice
New
Listing #: CAS5101
Location: California
Type: CPA TAX EA BOOKKEEPING PAYROLL
Annual Revenue: $1,150,000
Asking Price: $1,375,000
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Description:
• The owners are CPAs and EAs
• This practice was established as an LLP in 1998 and incorporated in 2003
• Software in use includes Lacerte and QuickBooks
• Approximately $48,000 in annual revenue, via bookkeeping (17 clients)
• Approximately 1,200 individual tax returns with an average fee of $580 per return
• Approximately 350 business tax returns with an average fee of $900 per return
• Approximately 40 other tax returns with an average fee of $165 per return
• This practice was established as an LLP in 1998 and incorporated in 2003
• Software in use includes Lacerte and QuickBooks
• Approximately $48,000 in annual revenue, via bookkeeping (17 clients)
• Approximately 1,200 individual tax returns with an average fee of $580 per return
• Approximately 350 business tax returns with an average fee of $900 per return
• Approximately 40 other tax returns with an average fee of $165 per return
• Approximately $47,000 in other revenue, via consulting & payroll processing
• Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $650K (2023)
• Lease is month-to-month. Three suites in desirable location next to beach. Landlord has been a client for 30 years. Should be able to extend / transfer lease.
• Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $650K (2023)
• Lease is month-to-month. Three suites in desirable location next to beach. Landlord has been a client for 30 years. Should be able to extend / transfer lease.
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