Listing Number Location Annual Gross Asking Price Status
CAN1290 San Francisco $246,000 $315,000 Sold

Description:

Primarily a tax practice with individuals and small businesses. Gross billings are $250K/year, and this is the only portion of the business being sold. This client base consists of about 250 individual clients; 25 fiduciary clients (trust and estates); and another 50+ corporations, LLCs, partnerships, and S Corps. They use Lacerte tax software. The practice is very seasonal, with 2/3 of billings by 4/15 each year. Miscellaneous tax consulting and tax projections make up the rest of the business. Fees for individual returns range from $450 (minimum fee) - $900, with a few more complicated returns being billed at $2,000. Corporate and LLC returns are billed at about $1,100.

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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