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Morro Bay EA Practice for Sale

Listing Number Location Annual Gross Asking Price Status
CAC1017 Morro Bay $142,384 $182,000 Available

Description:

This EA had purchased this Morro Bay practice in 2003 and has retained 96% of the clients. He plans to sell this Morro Bay location and retain out of area clients. This practice is growing. The new owner will be able to take advantage of referrals and expect to increase the gross sales significantly. Accounting consists of 13% of the service mix, 74% is tax related, and the remainder is entity set-up fees and audits. The average fee per individual return is $448. This $142K in gross revenue is the portion of the practice for sale and the seller would like to work out an office sharing arrangement which will reduce overhead expenses.

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