Suburban Southwest Portland CPA Practice
 SOLD
Listing #: OR1188
Location: Oregon
Type: CPA TAX AUDIT REVIEW BOOKKEEPING PAYROLL
Annual Revenue: $1,420,000
 Asking Price: $1,650,000
Presented by:
The A Team
Toll Free: (888)783-7822x3
Description:
• The two owners are CPAs • This practice was established in 1994 • Software in use includes Thompson Reuters Suite, Accounting CS, W/Ps CS, UltraTax • 2022 Revenue includes: • Approximately $179,000 in annual revenue, via bookkeeping (3 clients) • Approximately 128 individual tax returns with an average fee of $2,752 per return • Approximately 61 business tax returns with an average fee of $10,457 per return • Approximately 21 other tax returns with an average fee of $2,119 per return • Other 2022 Revenue includes: - Employee Benefit Plans Review: $40,435 - Annual Reviews: $47,000 - Payroll Prep: $11,240 - Consulting: $6,500 • Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $909,251 (Proj 2023) • Lease expires in N/A. Seller owns the building and is open to either selling the building in a separate transaction or leasing the office space to the buyer.
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