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Modesto CPA Practice
Delisted
Listing #: CAN1643
Location: California
Type: CPA
Annual Revenue: $810,000
Asking Price: $925,000
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Description:
• The owner is a CPA • This practice was established in 1947 • Software in use includes Lacerte, QuickBooks, Workpapers CS, Fixed Assets CS Projected 2020 revenue: • Approximately 10 bookkeeping clients generating $20,000 in revenue • Approximately 300 individual tax returns with an average fee of $1,400 per return • Approximately 86 business tax returns with an average fee of $2,790 per return • Approximately 90 other tax returns with an average fee of $767 per return • $61,000 +/- in revenue is generated via audit, review, and compilations, etc. • Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $494,000 • Lease expires in N/A. Month-to-month
• The owner is a CPA • This practice was established in 1947 • Software in use includes Lacerte, QuickBooks, Workpapers CS, Fixed Assets CS Projected 2020 revenue: • Approximately 10 bookkeeping clients generating $20,000 in revenue • Approximately 300 individual tax returns with an average fee of $1,400 per return • Approximately 86 business tax returns with an average fee of $2,790 per return • Approximately 90 other tax returns with an average fee of $767 per return • $61,000 +/- in revenue is generated via audit, review, and compilations, etc. • Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $494,000 • Lease expires in N/A. Month-to-month
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