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Modesto CPA Practice For Sale
SOLD
Listing #: CAN1572
Location:
Type:
Annual Revenue: $350,000
Asking Price: $395,000
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| The A Team |
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Description:
ââ•‚¬Å¡Ã‚¬Ã‚¢ The owner is a CPA. This practice was established 1995. Software in use includes Lacerte, Quickbooks, and Lightspeed (1 client).. Approximately 15 bookkeeping clients, generating $48,550 of the gross revenue. Approximately 385 individual tax returns with an average fee of $350 per return. Approximately 58 business tax returns with an average fee of $1,890 per return. Approximately 25 other tax returns with an average fee of $1,130 per return. $15,510+/- revenue is generated via review. Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $259,500. Lease expires in N/A; seller owns building
ââ•‚¬Å¡Ã‚¬Ã‚¢ The owner is a CPA. This practice was established 1995. Software in use includes Lacerte, Quickbooks, and Lightspeed (1 client).. Approximately 15 bookkeeping clients, generating $48,550 of the gross revenue. Approximately 385 individual tax returns with an average fee of $350 per return. Approximately 58 business tax returns with an average fee of $1,890 per return. Approximately 25 other tax returns with an average fee of $1,130 per return. $15,510+/- revenue is generated via review. Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $259,500. Lease expires in N/A; seller owns building
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