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Listing Number Location Annual Gross Asking Price Status
CAS1533 Fountain Valley (CTEC) $331,000 $425,000 Sold


• The owner is a CTEC
• This practice was established in 1975
• Software in use includes Intuit ProSeries
• Approximately 8 bookkeeping clients, generating $2,400 in revenue
• Approximately 1,000 individual tax returns with an average fee of $300 per return
• Approximately 40 business tax returns with an average fee of $650 per return
• $2,600 +/- revenue is generated via consulting
• Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $230,000
• Lease expires in February 2018

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