Encino

CPA firm for sale in Encino, CA. Firm was established by the Seller over 30 years ago and has been in the same community for many years. The practice is looking for a successor who can come in as soon as possible to manage this business and get ready for the upcoming tax season. Gross revenue of $946k is derived from 670 Individual clients with an average fee of $597, plus 237 Entities with an average fee of $1,130 (see breakdown below) and $278k of Bookkeeping, Business Management and Payroll Service Income (see breakdown below). The clientele will transition best to a CPA with a strong background in tax & accounting who enjoys working closely with clients and can manage the seasoned and existing staff. Most clients remit their tax information electronically (email, portal, etc.), drop off, or mail, and in-person appointments are very rare. Firm uses Lacerte, Quickbooks, and OfficeTools. 2022 Anticipated Gross Income is $1,100,000 to $1,150,000. 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

$998,000

Status

Available

Business Type

CPA Firm

Gross Revenue

$946,366

Net + Discretionary

$365,422

Tax Prep Income

$667,985

Bookkeeping Income

$274,406

Other Income

$3,975

Individual Clients

670

Average Fee

$597

Entity Clients

237

Average Fee

$1,130

Revenue Breakdown

Entity Average Fee Breakdown:
40 - 1120 @ $1,368 avg. fee
109 - 1120S @ $1,368 avg. fee
47 - 1065 @ $748 avg. fee
33 - 1041 @ $540 avg. fee
8 - 990 @ $1,378 avg. fee

Accounting/Bookkeeping Fee Breakdown
Payroll Prep - $26,567
26 Monthly, 41 Quarterly & 38 Annual Bookkeeping Clients. - $247,839

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.