Bishop

CPA Firm for Sale in the Bishop, CA. This sole-proprietor firm was established by the Seller over 30 years ago and has been in its current location for over 30 years. The Firm provides Tax, Payroll, Bookkeeping, Consulting & Tax Planning services to many businesses and individuals in the local community. Firm can be kept in the same office or relocated to another office in the local area. Practice generates gross revenue of $480k from 395 Individuals with an average fee of $378, plus 91 Entities with an average fee of $845 (additional breakdown below), in addition to $122k of revenue from Bookkeeping services and an additional $141k of revenue from payroll, tax planning & consulting services. Most clients will drop-off, mail or email source documents to the Seller. Seller is ideally looking for an EA or CPA with a background in tax who can provide an all encompassing service to small businesses. Office support staff is likely to remain with new Buyer if needed. Firm uses Lacerte, ProPay, Paysoft, QuickBooks & QuickBooks online. 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

$500,000

Status

Available

Business Type

CPA Firm

Gross Revenue

$480,246

Net + Discretionary

$195,822

Tax Prep Income

$226,127

Bookkeeping Income

$112,607

Other Income

$141,512

Individual Clients

395

Average Fee

$378

Entity Clients

91

Average Fee

$845

Revenue Breakdown

Entity Avg. Fee Breakdown:
17 - 1120 @ $1,050 avg. fee
26 - 1120S @ $1,050 avg. fee
17 - 1065 @ $920 avg. fee
16 - 1041 @ $491 avg. fee
15 - 990 @ $537 avg. fee

Other Revenue Breakdown:
1 Review
Tax Planning
Live Payroll & After the fact Payroll
Consulting

Bookkeeping Revenue Breakdown:
2 Monthly Bookkeeping
8 Quarterly Bookkeeping
30 Annual Bookkeeping (Mostly in connection with tax preparation)

Support staff likely to remain after the sale if needed by the Buyer.
Seller is available to continue working after the sale as needed.

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.