Fresno

CPA firm for sale in Fresno, CA. This firm is run by 3 CPA Shareholders and has been providing clients services throughout the Central Valley since 1986. It has been operating in its current location for 6.5 years. 2 Shareholders are looking to retire while the other is looking to stay on indefinitely as a full-time employee, pay rate to be negotiated. In addition to the 3 CPA Sellers there are 6 full-time employees and 2 part-time employees during tax season. All employees are thought to stay after the sale as needed. 50% of clients come in for appointment, while 50% drop-off, mail-in or electronically upload their documents to the Sellers. As such, if current lease is not kept, keeping a location within Fresno for clients to travel is ideal. Firm provides a full array of tax and accounting services to multiple individuals and entities and has a specialty in audit services for schools and other miscellaneous corporations. Practice generates a revenue of $533k from 694 Individuals and 184 Entities (see breakdown below) plus 40 Audits generating $953k of revenue and $75k of other Accounting & Consulting Services.  Firm uses Lacerte for tax preparation as well as Auditware and CCH Prosystem FX Eng.  Sellers are looking for an experienced CPA with a strong background in tax, accounting and auditing with good managerial skills. The Buyer should be attentive to the client’s needs and be able to deliver timely, quality service. 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

$1,500,000

Status

Available

Business Type

CPA Firm

Gross Revenue

$1,565,918

Net + Discretionary

$569,618

Tax Prep Income

$533,626

Bookkeeping Income

$75,468

Other Income

$956,824

Individual Clients

694

Average Fee

$585

Entity Clients

184

Average Fee

$987

Revenue Breakdown

Tax/Accounting Services Breakdown: $569,618
694 - 1040's @ $585 Avg
25 - 1120's @ $1,760 Avg
49 - 1120S's @ $1,553 Avg
35 - 1065's @ $967 Avg
57 - 1041's @ $570 Avg
17 - 990's @ $1,276 Avg
1 - 709 @ $488 Avg

40 - Audits (28 Schools, 12 Other) - $952,624

Additional Tax & Accounting Services - $75,468
Includes tax planning, bookkeeping, payroll, property taxes and other tax related services.

Other Services Provided: $4,200
1 - Rental (Sublease one office)

50% of clients come in for an appointment, while 50% drop-off/mail in/electronically upload their documents to the Sellers. Firm provides a full array of accounting services to multiple individuals and entities, including tax and audit services. 2 CPA Shareholders are looking to retire while the other CPA is looking to stay on indefinitely as a full-time employee. In addition to the 3 CPA Sellers, there are 6 full-time employees and 2 part-time employees during tax season. All employees are thought to stay 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.