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Listing Number Location Annual Gross Asking Price Status
CAS1571 Woodland Hills (CPA) $1,387,400 $1,600,000 Available

Description:

• The owner is a CPA
• This practice was established in 1971
• Software in use includes Lacerte, Accounting CS
• Approximately 100 bookkeeping clients generating $798,000 in revenue
• Approximately 391 individual tax returns with an average fee of $795 per return
• Approximately 192 business tax returns with an average fee of $1,353 per return
• Approximately 15 other tax returns with an average fee of $950 per return
• $5,200 +/- in revenue is generated via audit and review
• Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $563,800
• Lease expires in May 2021

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