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San Bruno, CA CTEC Practice For Sale
SOLD
Listing #: CAN1570
Location:
Type:
Annual Revenue: $168,300
Asking Price: $210,000
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Description:
The owner is a CTEC. This practice was established in 1980. Software in use includes AME and Ultra Tax. Approximately 37 bookkeeping clients, generating $21,500 of the gross revenue. Approximately 282 individual tax returns with an average fee of $320 per return. Approximately 24 business tax returns with an average fee of $1,000 per return. Approximately 9 other tax returns with an average fee of $745 per return. Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $84,500. Lease expires in N/A. Month-to-month.
The owner is a CTEC. This practice was established in 1980. Software in use includes AME and Ultra Tax. Approximately 37 bookkeeping clients, generating $21,500 of the gross revenue. Approximately 282 individual tax returns with an average fee of $320 per return. Approximately 24 business tax returns with an average fee of $1,000 per return. Approximately 9 other tax returns with an average fee of $745 per return. Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $84,500. Lease expires in N/A. Month-to-month.
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