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Redlands EA Practice
New
Listing #: CAS5118
Location: California
Type: TAX EA BOOKKEEPING PAYROLL
Annual Revenue: $575,000
Asking Price: $550,000
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| The A Team |
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Description:
• The owner is an EA
• This practice was established in 2005
• Software in use includes Drake, QuickBooks, Drake Accounting
• Approximately $120K in annual revenue, via bookkeeping (50 clients)
• Approximately 970 individual tax returns with an average fee of $300 per return
• Approximately 90 business tax returns with an average fee of $750 per return
• Approximately $80K in annual revenue, via payroll processing
• Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $365K (2023)
• Lease expires in October 2024. Approximately 1,200 sq ft of open office space.
• This practice was established in 2005
• Software in use includes Drake, QuickBooks, Drake Accounting
• Approximately $120K in annual revenue, via bookkeeping (50 clients)
• Approximately 970 individual tax returns with an average fee of $300 per return
• Approximately 90 business tax returns with an average fee of $750 per return
• Approximately $80K in annual revenue, via payroll processing
• Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $365K (2023)
• Lease expires in October 2024. Approximately 1,200 sq ft of open office space.
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