CPA firm for sale in Culver City, CA. This firm was established by the Seller in 2011 and has been operating in its current location for 5 years. Current office building is being sold and Buyer will need to relocate. Any location within 10-20 miles should be fine. Approximately 10% of clients will come in for an appointment, 30% will drop off, 10% mail-in while the remaining 50% will remit their documents electronically. Practice generates gross revenue of $464k which is derived from 350 individuals with an average fee of $512, along with 206 entities with an average fee of $852, 18 payroll clients generating $8k, $46k of monthly and annual bookkeeping services, and $55k of miscellaneous accounting services and amended tax returns. Seller is willing to stay for 1 tax season to ensure a smooth transition. There are 2 full-time and 1 part-time employees. Full-time staff is likely to stay after the sale, the part-time employee may not. Seller is looking for an experienced EA or CPA with a background in tax & accounting. The Buyer should be knowledgeable in all aspects of taxation, with extensive knowledge of entity returns of all kinds. Practice currently uses Lacerte and Ultra Tax for tax preparation as well as QuickBooks desktop. 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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