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Temple City CPA Practice
Sale Pending
Listing #: CAS5316
Location: California
Type: CPA TAX BOOKKEEPING
Annual Revenue: $385,000
Asking Price: $530,000
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Description:
• The owner is a CPA
• This practice was established in 2019
• Software in use includes Prosystem FX, QuickBooks
• This practice was established in 2019
• Software in use includes Prosystem FX, QuickBooks
This is a book of business that is serviced as a stand-alone practice. Buyer has the option to acquire the clients and service them nearby, or the buyer may share the office, staff, FFE, and all other associated operational expenses proportionately with the seller.
• Projected 2024 revenue is $385,000 conservatively.
• Projected 2024 revenue is $385,000 conservatively.
Projected 2024 revenue includes:
• $10,000 in bookkeeping services (103 clients)
• Approximately 475 individual tax returns with an average fee of $526 per return
• Approximately 100 business tax returns with an average fee of $900 per return
• Approximately 475 individual tax returns with an average fee of $526 per return
• Approximately 100 business tax returns with an average fee of $900 per return
• Approximately $50,000 in other services
• Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: N/A. Book of Business.
• Lease expires on N/A. Month-to-month.
• Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: N/A. Book of Business.
• Lease expires on N/A. Month-to-month.
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