Listing Number Location Annual Gross Asking Price Status
CAN1222 Sacramento $395,311 $440,000 Sold

Description:

Audit and monthly clients are mostly nonprofits.  Tax clients are mostly individuals and trusts and there are a few corporations.  Most of the growth is attributed to referrals, reputation, and some yellow page advertising.  The seller will consider retaining the audit component of the practice for buyers who are not interested in providing audit services.  The clients have been accustomed to the current location since 1978.  So, it is in the best interest of the buyer to maintain the current location for a time.  Approximately 40% of the individual, fiduciary, partnership clients meet with staff in the office.  Most of the monthly and all of the audit clients meet at their place of business.  The tax work billing rate is $100/hr and other work varies. 55% of the gross is tax related, 19% is audit/review work, and 26% is accounting and payroll.

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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