Alameda

CPA firm for sale in Alameda, CA located in the San Francisco East Bay. The firm has been in the same location for the past 7 years but can be moved within the region. Approximately 78% of clients remit their documents via mail/electronically, while 20% will drop off and 2% like to come in for an appointment. The Seller is looking forward to retirement after transition but is available to continue working on a limited basis if needed. Firm gross revenue of $90k is derived from 88 individual returns with an average fee of $685 and 23 entity returns with an average fee of $828. Gross revenue also includes 2 bookkeeping clients, 1 live payroll, and 8 after the fact payroll clients that generate $11k of income throughout the year. Seller is looking for an experienced EA or CPA to take care of the clients for years to come. Firm uses Lacerte, CFS, SmartVault and Quickbooks. Much more information is available on the Practice Profile. Please log-in to your account for immediate access including the ability to download the Practice Profile pdf and update your distance preference.

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Price

$110,000

Status

Available

Business Type

CPA Firm

Gross Revenue

$90,565

Net + Discretionary

$61,444

Tax Prep Income

$79,859

Bookkeeping Income

$8,950

Other Income

$1,827

Individual Clients

88

Average Fee

$685

Entity Clients

23

Average Fee

$828

Revenue Breakdown

Entity Average Tax Fee Breakdown:
1120S - 7 @ $875 avg. fee
1065 - 3 @ $798 avg. fee
1041 - 5 @ $356 avg. fee
990 - 8 @ $1,093 avg. fee
709 - 2 @ $268 avg. fee

Bookkeeping & Other Income Breakdown:
Payroll:
9 After the fact (1 bi-monthly and the remainder and quarterly or annual)

Bookkeeping:
1 Monthly - $5,040 total
1 Quarterly - $3,910 total

Please complete the Buyer Profile and NDA to instantly receive additional information. Once the webform has been submitted you will be redirected to webpage where you can download the Practice Profile pdf for any practice(s) you are interested in. If you previously submitted a buyer profile and NDA with us you can resubmit to be added to our new download system, or contact us for the Practice Profile. You can come back anytime to log in with your username and password and download additional practice listings. Please contact us at (855) 428-2225 or via email at steve@atbcal.com.