Oakdale

CPA firm for Sale in Oakdale, CA. This firm is well regarded in the community with a solid reputation. Seller is looking forward to retirement but is available to assist Buyer, part-time as needed, for a couple years. Practice provides Bookkeeping, Payroll and Tax Services to multiple individuals and business entities in the area. Gross revenue of $460k is derived from 737 Individuals with an avg. fee of $346, 136 entities with an average fee of $724 (Breakdown below) plus accounting & bookkeeping clients that bring in an additional $91k 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 with a background in tax who has a sense of humor and is able to communicate efficiently with clients. 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

$520,000

Status

Available

Business Type

CPA Firm

Gross Revenue

$520,000

Net + Discretionary

$151,171

Tax Prep Income

$368,636

Bookkeeping Income

$91,687

Other Income

Individual Clients

737

Average Fee

$346

Entity Clients

136

Average Fee

$724

Revenue Breakdown

Entity Average Fee Breakdown:
16 - 1120 @ $1,267
45 - 1120S @ 1,266
28 - 1065 @ $640
44 - 1041 @ 417
3 - 990 @ 495

Bookkeeping Income Breakdown:
Bookkeeping - $21,010
Payroll Services - $33,350
Accounting - $37,327

Accounting Includes:
6 Monthly Clients
2 Quarterly Clients
3 Annual Clients

Payroll Includes:
23 Payroll clients with approximately 20 employees.

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.