Los Angeles CPA Practice
Status
Listing #
State
Location
Annual Revenue
Asking Price
Type
Delisted
CAS1587
CA
Los Angeles CPA Practice
$1,337,000
$1,575,000
Presented by: |
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The A Team |
Toll Free: (888)783-7822x3 |
Description:
• The owner is a CPA • This practice was established in 1980 • Software in use includes Lacerte • Approximately 18 bookkeeping clients generating $82,500 in revenue • Approximately 112 individual tax returns with an average fee of $1,466 per return • Approximately 89 business tax returns with an average fee of $3,023 per return • Approximately 89 other tax returns with an average fee of $1,033 per return • Approximately $66,500 in revenue is generated via trust accounting • Approximately $611,800 in revenue is generated via consulting and investments • Approximately $8,100 in revenue is generated payroll processing • Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: to be disclosed by seller • Lease expires in December 31, 2020
• The owner is a CPA • This practice was established in 1980 • Software in use includes Lacerte • Approximately 18 bookkeeping clients generating $82,500 in revenue • Approximately 112 individual tax returns with an average fee of $1,466 per return • Approximately 89 business tax returns with an average fee of $3,023 per return • Approximately 89 other tax returns with an average fee of $1,033 per return • Approximately $66,500 in revenue is generated via trust accounting • Approximately $611,800 in revenue is generated via consulting and investments • Approximately $8,100 in revenue is generated payroll processing • Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: to be disclosed by seller • Lease expires in December 31, 2020