Atascadero

SELLER VERY MOTIVATED! PRICE REDUCED!! CPA firm for sale in Atascadero, CA. This firm was established by the Sellers in 2005 and has been operating in its current locations for 10 years. Listed price is based on partial sale. Sales price of $400k is based on approximately $650k of gross revenue which is derived from 928 Individual returns with an average fee of $485 along with 187 Entities with an average fee of $835, plus 11 Bookkeeping clients for $27,000/yr, and 11 Payroll clients for $15,450/yr. Firm is relocatable but should stay in the general area for client retention purposes. Practice currently uses Lacerte for tax preparation as well as QuickBooks. This is a typical upscale tax practice that works with a variety of Individuals and Businesses in the local area. The clientele will transition best to a CPA or an EA who should be knowledgeable in all aspects of taxation, able to communicate clearly with clients and be willing to assist in financial guidance, both personal and professional. 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

$400,000

Status

Sale Pending

Business Type

CPA Firm

Gross Revenue

$650,000

Net + Discretionary

$300,000

Tax Prep Income

$607,125

Bookkeeping Income

$27,000

Other Income

$15,450

Individual Clients

928

Average Fee

$485

Entity Clients

187

Average Fee

$835

Revenue Breakdown

928 - 1040 @ $485/avg.
17 - 1120 @ $1,088/avg.
70 - 1120S @ $1,190/avg.
25 - 1065 @ $880/avg.
75 - 1041 @ $432/avg.
11 - Monthly Bookkeeping @ $27,000/yr.
11 - Payroll @ $15,450/yr.

There is no professional staff associated with this group of clients. Buyer and staff will need to have excess capacity and the ability to prepare the returns for all the clients.

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.