SOLD
Spokane CPA Practice
Listing #
WA1165
Location
Washington
Annual Revenue
$521,000
Asking Price
$625,000
Type
CPA TAX BOOKKEEPING
Presented by: |
The A Team |
Toll Free: (888)783-7822x3 |
Description:
• The owner is a CPA • This practice was established in 2013 • Software in use includes Pro Series & QuickBooks • Approximately 22 bookkeeping & payroll clients generating $102,000 in revenue • Approximately 464 individual tax returns with an average fee of $590 per return • Approximately 57 business tax returns with an average fee of $1,785 per return • Approximately 16 other tax returns with an average fee of $347 per return • Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $242,820 (proj. 2022) • Seller is open to retaining the bookkeeping/payroll portion of the practice if the buyer is interested in only the tax portion • Lease expires on December 31, 2022 (lease assumable)
• The owner is a CPA • This practice was established in 2013 • Software in use includes Pro Series & QuickBooks • Approximately 22 bookkeeping & payroll clients generating $102,000 in revenue • Approximately 464 individual tax returns with an average fee of $590 per return • Approximately 57 business tax returns with an average fee of $1,785 per return • Approximately 16 other tax returns with an average fee of $347 per return • Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $242,820 (proj. 2022) • Seller is open to retaining the bookkeeping/payroll portion of the practice if the buyer is interested in only the tax portion • Lease expires on December 31, 2022 (lease assumable)
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