Listing Number Location Annual Gross Asking Price Status
CAS1360 Riverside (CPA) $200,762 $255,000 Sold

Description:

This clientele is mostly blue collar, some self-employed, some professional. There is no specialties in any service or industry. All marketing has been word of mouth. Practice can be relocated within the area. All clients meet at the office except audit clients.

The seller's rate is $125/hour. Much of the billing is value or contract billing. Tax returns are formulated by form in Lacerte. The largest client is about 6% at about $11,000 (there are two in this rangeā€¦both audit clients)

The ratio of revenue generated in and out of tax season is running about 60% during tax season (Jan to May) 40% the remainder of the year. Most of the audits are in Barstow. One is in Colton/Bloomington area. This practice and its revenue has been stable for about 20 years. The ideal buyer will be personable, soft spoken, people friendly, patient are some of the qualities that I believe will maintain and grow this practice.

To obtain additional information on this practice go to Request More Information and register with broker. You can also be placed on a free listing notification list. Not all information is included above due to confidentiality concerns. The information is provided by sellers and has not been audited or verified by Accounting Practice Sales, Inc. or any of its independent brokers. Buyers are responsible for their own due diligence before buying any practice. Buying and operating a tax or accounting practice involves a certain amount of risk and requires business experience and professional skills.

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