Newport Beach

CPA Firm for Sale in Newport Beach, CA. This firm generates approximately $178k from 52 Individual Tax clients with an average fee of $1,150, 26 Entities with an average fee of $1,813, 2 Accounting/Bookkeeping clients with an average fee of $2,783/mo., and recurring Tax Planning & Consulting fees of approximately $38k per year. Approximately 85% of clients will drop off/email/upload/mail their documents while about 15% would like an in-person appointment. Seller is looking for an established CPA with excellent communication skills for best retention. Office is located close to Orange County airport and Seller is open to working for the Buyer after sale, if desired. Firm uses Lacerte & QuickBooks. 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

$235,000

Status

Sold

Business Type

CPA Firm

Gross Revenue

$178,000

Net + Discretionary

$139,182

Tax Prep Income

$106,950

Bookkeeping Income

$33,400

Other Income

$37,650

Individual Clients

52 Average Fee

$1,150

Entity Clients

26 Average Fee

$1,813

Revenue Breakdown

Tax Preparation - $106,950
Consulting/Tax Planning $37,650
Accounting/Bookkeeping - $33,400

Entity Average Fee Breakdown
5 - 1120 - $3,000avg.
3 - 1120S - $3,500avg.
5 - 1065 - $1,750avg.
8 - 1041 - $925avg.
1 - 990 - $2,900
4 - 709 - $650

Accounting/Bookkeeping Breakdown
1 Monthly Client with an avg. monthly fee of $1,900
1 Quarterly Client with an avg. quarterly fee of $2,650

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.