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Olympic Peninsula Tax and Bookkeeping Practice
SOLD
Listing #: WA1176
Location: Washington
Type: TAX BOOKKEEPING
Annual Revenue: $506,000
Asking Price: $500,000
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Description:
• The owner is an Unenrolled Preparer (PTIN, AFSP) • This practice was established in 2005; Incorporated in 2009 • Software in use includes Lacerte and QuickBooks 2022 revenue includes: • Approximately $374,250 in accounting services (approx. 100 clients) • Approximately 96 individual tax returns with an average fee of $500 per return • Approximately 41 business tax returns with an average fee of $805 per return • Approximately 11 other tax returns with an average fee of $545 per return • Other revenue includes $45,000 in payroll services • Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $140,306 (2022) • Lease expires on N/A. Month-to-month
• The owner is an Unenrolled Preparer (PTIN, AFSP) • This practice was established in 2005; Incorporated in 2009 • Software in use includes Lacerte and QuickBooks 2022 revenue includes: • Approximately $374,250 in accounting services (approx. 100 clients) • Approximately 96 individual tax returns with an average fee of $500 per return • Approximately 41 business tax returns with an average fee of $805 per return • Approximately 11 other tax returns with an average fee of $545 per return • Other revenue includes $45,000 in payroll services • Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $140,306 (2022) • Lease expires on N/A. Month-to-month
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