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Fremont CPA Practice
SOLD
Listing #: CAN1654
Location: California
Type: CPA
Annual Revenue: $1,030,000
Asking Price: $1,250,000
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Description:
• The owner is a CPA • This practice was established in 1982 • Software in use includes CCH, Accounting CS • Approximately 107 bookkeeping clients generating $417,343 in revenue • Approximately 510 individual tax returns with an average fee of $724 per return • Approximately 108 business tax returns with an average fee of $1,457 per return • Approximately 68 other tax returns with an average fee of $425 per return • $29,200 +/- in revenue is generated via amended tax returns, consulting, etc. • Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $737,890 • Lease expires in June 30, 2020
• The owner is a CPA • This practice was established in 1982 • Software in use includes CCH, Accounting CS • Approximately 107 bookkeeping clients generating $417,343 in revenue • Approximately 510 individual tax returns with an average fee of $724 per return • Approximately 108 business tax returns with an average fee of $1,457 per return • Approximately 68 other tax returns with an average fee of $425 per return • $29,200 +/- in revenue is generated via amended tax returns, consulting, etc. • Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $737,890 • Lease expires in June 30, 2020
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