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Sacramento, CA CPA Practice For Sale
SOLD
Listing #: CAN1541
Location:
Type:
Annual Revenue: $662,000
Asking Price: $750,000
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Description:
The owner is a CPA. This practice was established in 1983. Software in use includes ProSystem, Quickbooks, MS Office. Approximately 35 bookkeeping clients, generating $130,000 of the gross revenue. Approximately 330 individual tax returns with an average fee of $798 per return. Approximately 81 business tax returns with an average fee of $1,575 per return. Approximately 64 other tax returns with an average fee of $980 per return. $25,500+/- revenue is generated via business, tax, and estate consulting. Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $195,000. Lease expires in 8/31/2017.
The owner is a CPA. This practice was established in 1983. Software in use includes ProSystem, Quickbooks, MS Office. Approximately 35 bookkeeping clients, generating $130,000 of the gross revenue. Approximately 330 individual tax returns with an average fee of $798 per return. Approximately 81 business tax returns with an average fee of $1,575 per return. Approximately 64 other tax returns with an average fee of $980 per return. $25,500+/- revenue is generated via business, tax, and estate consulting. Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $195,000. Lease expires in 8/31/2017.
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