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.
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