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Santa Cruz County CPA Practice (Motivated Seller - Terms and Guarantees)
Delisted
Listing #: CAN1602
Location: California
Type: CPA
Annual Revenue: $1,162,900
Asking Price: $1,275,000
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Description:
• The owner is a CPA • This practice was established in 1975 • Software in use includes Lacerte, Smart and CSA, The Number, T-Value, Timeslips, MS Office • Approximately 41 bookkeeping clients, generating $125,200 in revenue • Approximately 710 individual tax returns with an average fee of $600 per return • Approximately 170 business tax returns with an average fee of $950 per return • Approximately 114 other tax returns with an average fee of $877 per return • $350,000 +/- revenue is generated via audits and review, etc. • Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $390,000 • Lease expires in October 31, 2020, with 5-10 year lease options
• The owner is a CPA • This practice was established in 1975 • Software in use includes Lacerte, Smart and CSA, The Number, T-Value, Timeslips, MS Office • Approximately 41 bookkeeping clients, generating $125,200 in revenue • Approximately 710 individual tax returns with an average fee of $600 per return • Approximately 170 business tax returns with an average fee of $950 per return • Approximately 114 other tax returns with an average fee of $877 per return • $350,000 +/- revenue is generated via audits and review, etc. • Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $390,000 • Lease expires in October 31, 2020, with 5-10 year lease options
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