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Listing Number Location Annual Gross Asking Price Status
CAS1517 Santa Barbara County (EA) $871,000 $995,000 1 New

Description:

• The owner is an EA
• This practice was established in 1997
• Software in use includes Lacerte
YTD 2017 generated revenue as follows:
• Approximately 85 bookkeeping clients, generating $395,220 of the gross revenue
• Approximately 350 individual tax returns with an average fee of $405 per return
• Approximately 90 business tax returns with an average fee of $705 per return
• $158,000+/- revenue is generated via payroll processing
• Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $400,400
• Lease expires on 8/31/2020

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