Listing Number Location Annual Gross Asking Price Status
CAN1415 Ukiah (CPA) $116,888 $135,000 Sold

Description:

The clients are small business owners or W-2 employees with mortgages, some rentals, and investments with retirement concerns. All corporations and partnerships are less than $5 million in revenue. There are 14 tax exempt clients but no other special industries. The practice could be relocated in the same general area, but not out of county.

This CPA bills out at $100 per hour and bookkeeping and payroll at $50. The largest client generated 4% of total revenue in 2013. 34% of the work is billed after April 15; most of this is payroll, bookkeeping and compilations. Approximately 35-40 individual clients are on extension every year. The largest client referenced above Is located in Washington state, with close ties to northern California.

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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