Listing Number Location Annual Gross Asking Price Status
CAC1032 San Luis Obispo $262,859 $330,000 Sold

Description:

The practice is made up of general ledger write-up, accounts receivable, accounts payable (16%); payroll, including electronic time collection terminals & supplies (71%); business management services (13%).  Currently providing all accounting services except for Income Tax Preparation.  Payroll services account for the primary source of  income for the business, which is a steady income throughout the year.  At least ½ of the monthly income is automatically generated by the payroll software & the A/R usually pays within 20 days of billing.  There is an opportunity to add tax preparation services and profit margins could be increased if the buyer wants to get involved in production and cut back on wage expenses.

To obtain additional information on this practice go to Request More Information and register with broker. You can also be placed on a free listing notification list. Not all information is included above due to confidentiality concerns. The information is provided by sellers and has not been audited or verified by Accounting Practice Sales, Inc. or any of its independent brokers. Buyers are responsible for their own due diligence before buying any practice. Buying and operating a tax or accounting practice involves a certain amount of risk and requires business experience and professional skills.

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