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Listing Number Location Annual Gross Asking Price Status
CAS1541 Tustin (CPA) $529,000 $625,000 Sold

Description:

• The owner is a CPA
• This practice was established in 2004
• Software in use includes Lacerte and Quickbooks
• Approximately 22 bookkeeping clients, generating $238,000 in revenue
• Approximately 380 individual tax returns with an average fee of $388 per return
• Approximately 90 business tax returns with an average fee of $843 per return
• Approximately 34 other tax returns with an average fee of $765 per return
• $42,000 +/- revenue is generated via audit and review, and other tax services
• Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $210,400
• Lease expires in June 2019

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