Listing Number Location Annual Gross Asking Price Status
CAS1493 La Verne (CTEC) $1,427,350 $1,640,000 Available

Description:

• The owner is a CTEC
• This practice was established in 1975
• Software in use includes Intuit, CSA, Lacerte, Quickbooks
• Approximately 258 bookkeeping clients, generating $948,000 of the gross revenue
• Approximately 1,300 individual tax returns with an average fee of $250 per return
• Approximately 175 business tax returns with an average fee of $750 per return
• Approximately 20 other tax returns with an average fee of $600 per return
• $11,100+/- revenue is generated via audit, consulting, set-up/conversions
• Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $509,000
• Lease expires in August 2017; assumable lease

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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