Arroyo Grande

EA Firm for Sale in Arroyo Grande, CA. Firm consists of two Partners, one wishes to retire and the other is willing to continue working for the Buyer as needed. The Firm has been in the area for over 30 years and provides Tax, Bookkeeping & Payroll services to a loyal client base. Practice can be moved from it’s current location but should remain in the local region for the best client retention. Practice generates gross revenue of $537k from 420 Individuals with an average fee of $495, plus 168 Entities with an average fee of $804 (additional breakdown below), and $194k of revenue from Bookkeeping & Payroll services. Approximately 20% of clients like to come in for an appointment while 60% drop off, 10% mail and 10% remit electronically. Firm uses Lacerte, QuickBooks and CFS. Seller is looking for an EA or CPA with a background in tax who is community minded and easy for clients to relate with. 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.

If you don’t have an account please complete the Buyer Profile and NDA online (It will take less than 2 minutes). Once that form is submitted your account will be created and you can download the practice profile immediately. If you’ve already completed the Buyer Profile and NDA then you can log-in to our website using your email and created password (or use the forgot password link to reset password) and download this profile.

Price

$525,000

Status

Available

Business Type

EA Firm

Gross Revenue

$537,236

Net + Discretionary

$272,992

Tax Prep Income

$342,999

Bookkeeping Income

$135,979

Other Income

$58,258

Individual Clients

420

Average Fee

$495

Entity Clients

168

Average Fee

$804

Revenue Breakdown

Revenue by Entity Breakdown:
1120 - 48 @ $708 avg. fee
1120S - 45 @ $1,160 avg. fee
1065 - 30 @ $750 avg. fee
1041 - 30 @ $583 avg. fee
990 - 15 @ $595 avg. fee

Bookkeeping & Payroll Revenue Breakdown:
39 - Payroll - Total Revenue = $50,943
8 - Monthly Bookkeeping - Total Revenue = $40,091
4 - Quarterly Bookkeeping - Total Revenue = $19,715
108 - Annual Bookkeeping (generally for return prep) - Total Revenue =$76,173

There are Two Full-Time staff members and 1 Part-Time staff member in addition to the 2 Sellers.

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.