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South King County CPA Practice
SOLD
Listing #: WA1150
Location: Washington
Type: CPA TAX BOOKKEEPING
Annual Revenue: $425,000
Asking Price: $530,000
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| The A Team |
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Description:
• The owner is both a CPA and an EA • This practice was established in 2016 • Software in use includes Lacerte • Approximately 35 bookkeeping clients generating $172,500 in revenue • Approximately 185 individual tax returns with an average fee of $351 per return • Approximately 40 business tax returns with an average fee of $1,600 per return • $30,000 +/- in revenue is generated via consulting, etc. • Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $199,749 (2020) • Lease expires on N/A. Seller owns building.
• The owner is both a CPA and an EA • This practice was established in 2016 • Software in use includes Lacerte • Approximately 35 bookkeeping clients generating $172,500 in revenue • Approximately 185 individual tax returns with an average fee of $351 per return • Approximately 40 business tax returns with an average fee of $1,600 per return • $30,000 +/- in revenue is generated via consulting, etc. • Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $199,749 (2020) • Lease expires on N/A. Seller owns building.
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