Listing Number Location Annual Gross Asking Price Status
CAN1342 Redwood City (CPA) $243,996 $330,000 Sold

Description:

This is a CPA practice that has two, maybe three, shoe box clients, but otherwise a diversified small business and individual clientele. They are preparing reviewed and compiled financial statements, individual, corporate, trust, partnership and estate and gift returns. There are clients in India, Ireland and France and resident aliens from Japan, Germany, India and Ireland. The larger clients are in research and development and manufacturing. The largest client is in research & development of electronic medical equipment and represents about 10% of annual revenue. The practice is centrally located on the San Francisco peninsula with easy access to major highways. The office is on the ground floor with ample parking and has been in the location for about 18 years. The billing rates are at $220 for the owner, $90 to $110 for staff CPA and $45 to $90 for the office manager depending on the work being performed.

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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