Burbank #BUR125

Practice Profile PDF

NEW LISTING – CPA/Business Management firm for sale in Burbank, CA. Ref# BUR125

SOLD 10/1/2025 – This CPA Business Management firm has been located in Burbank for over 30 years. The Seller has enjoyed working with the clients and is now ready to prepare for retirement. The Seller is open to working with the Buyer for a year if professional assistance is needed, but they do not want to continue managing the firm or working while a replacement is hired. The firm should remain in the local area since a majority of the clients are in the Entertainment Industry. The firms gross revenue of $824k is derived from 165 individual tax returns with an avg. fee of $654, plus 83 Entities with an avg. fee of $995 (see breakdown below), $106k of Accounting income, and finally $526k from Business Management & Tax Planning Fees. Approximately 35% of clients will remit their documents electronically, while 15% drop-off, 10% mail-in, and the remaining 40% like to come in for an appointment. Firm is fully staffed with 3 full-time bookkeepers and a part-time administrative assistant, all of whom are likely to remain after the sale. This firm will transition best to a CPA with an extensive tax background and an understanding of Business Management in the Entertainment Industry. Ideally, the Buyer should be patient, a good listener, possess good follow-through practices and really enjoy caring for the clients. Firm uses Lacerte, Quickbooks, CFS and AgilLink.

Much more information is available on the Practice Profile, including a more in-depth breakdown of the staff & financials. 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

$825,000

Status

Sold

Business Type

CPA Firm

Gross Revenue

$824,031

Net + Discretionary

$263,261

Tax Prep Income

$190,431

Accounting Income

$106.684

Other Income

$526,916

Individual Clients

165

Average Fee

$654

Entity Clients

83

Average Fee

$994

Revenue Breakdown

Entity Avg. Fee Breakdown:
1120 - 14 @ 1,081 Avg Fee
1120S - 37 @ 1,081 Avg. Fee
1065 - 23 @ $834 Avg. Fee
1041 - 9 @ $912 Avg. Fee

Accounting:
Monthly Acct. - 7 Clients = $44,793
Quarterly Acct. - 2 Clients = $22,688
Annual Acct. - 7 Clients = $21,203

After the Fact Payroll - 15 Clients - $18,000

Business Management - 27 Clients - $510,507

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.