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Portland CPA Practice
SOLD
Listing #: OR1165
Location: Oregon
Type: CPA TAX BOOKKEEPING
Annual Revenue: $643,000
Asking Price: $800,000
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| The A Team |
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Description:
• The owner is a CPA • This practice was established in 1998 • Software in use includes UltraTax CS; QuickBooks, File Cabinet CS; Fixed Assets CS; Planner CS; CaseWare • Approximately 9 bookkeeping clients generating $58,000 in revenue • Approximately 116 individual tax returns with an average fee of $1,071 per return • Approximately 88 business tax returns with an average fee of $3,145 per return • Approximately 25 other tax returns with an average fee of $1,789 per return • Approximately $139,300 is generated in revenue, via consulting, tax research, etc. • Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $355,110 (2022) • Lease expired on December 1, 2022. Month-to-month.
• The owner is a CPA • This practice was established in 1998 • Software in use includes UltraTax CS; QuickBooks, File Cabinet CS; Fixed Assets CS; Planner CS; CaseWare • Approximately 9 bookkeeping clients generating $58,000 in revenue • Approximately 116 individual tax returns with an average fee of $1,071 per return • Approximately 88 business tax returns with an average fee of $3,145 per return • Approximately 25 other tax returns with an average fee of $1,789 per return • Approximately $139,300 is generated in revenue, via consulting, tax research, etc. • Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $355,110 (2022) • Lease expired on December 1, 2022. Month-to-month.
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