San Diego – North County Inland

CPA firm for Sale in North Inland San Diego County. Seller has been in business for over 30 years and is looking forward to retirement. Practice provides Bookkeeping, Payroll and Tax Services to multiple individuals and business entities in the area. Gross revenue of $344k is derived from 395 Individuals with an avg. fee of $361, 160 entities with an average fee of $1,104 plus accounting & bookkeeping clients that bring in an additional $25k of annual revenue. Firm uses Lacerte & Quickbooks. Staff is likely to remain after the sale which will assist in client retention. Seller is looking for an experienced CPA who is dedicated to providing quality work and great customer service. Most clients are prepared remotely and the firm can be operated from anywhere in San Diego County provided the Buyer continues to offer a couple drop boxes for clients in Inland North County. Much more information is available on the Practice Profile. Please complete the Buyer Profile and NDA online via the link below and the Practice Profile will be available for download immediately after submission.

Price

$425,000

Status

Sold

Business Type

CPA Firm

Gross Revenue

$344,355

Net + Discretionary

$209,126

Tax Prep Income

$319,235

Bookkeeping Income

$25,120

Other Income

Individual Clients

395 Average Fee

$361

Entity Clients

160 Average Fee

$1,104

Revenue Breakdown

Business Entities include 1120, 1120S, 1065 & 1041.

For tax year 2020 the firm prepared:
141 Schedule C’s
87 Schedule E’s
68 Schedule E pg. 2
11 Schedule F’s.

Approx. 60% of returns are completed by 4/15 with 40% going on extension (numbers may be vary due to 2020 and 2021 deadline extensions).

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.