Oceanside

CPA firm for sale in Oceanside, CA. This sale represents the revenue from one shareholder, of a two shareholder firm, that wishes to retire. Seller will provide transition assistance and is willing to assist after the sale for a limited time as needed. This would not be a partnership interest, but a carve out of the retiring CPA’s clients with the ability to share space & staff with the remaining CPA. Practice can remain in the same location or moved, but if moved then it should remain in the local area for the best client retention. Shareholder generates gross revenue of $307k from 323 Individuals with an average fee of $607, plus 89 Entities with an average fee of $934 (additional breakdown below), and $38k of revenue from Bookkeeping, Tax Planning & limited Payroll services. Clients no longer come in to the office for an appointment and approximately 35% drop off, 25% mail and 40% remit electronically. Firm uses Lacerte, TValue & Tax Tools. Seller is looking for a CPA, or EA, with a background in tax who is personable and comfortable preparing all types of tax returns. 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

$360,000

Status

Available

Business Type

CPA Firm

Gross Revenue

$307,607

Net + Discretionary

$196,740

Tax Prep Income

$269,392

Bookkeeping Income

$12,690

Other Income

$25,525

Individual Clients

323

Average Fee

$607

Entity Clients

89

Average Fee

$934

Revenue Breakdown

Entity Avg Fee Breakdown:
40 - 1120 & 1120S @ $1,144 avg. fee
29 - 1041 & 706 @ $627 avg. fee
20 - 1065 @ $959 avg. fee

Bookkeeping Revenue Breakdown:
Bookkeeping - $8,537
Payroll Tax - $4,153

Other Revenue Breakdown:
Tax Audit/Response - $480
Sales Tax - $3,352
Other - $9,094
Tax Planning - $12,599

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.