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 $325k from 375 Individuals with an average fee of $551, plus 97 Entities with an average fee of $841 (additional breakdown below), and $37k 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-in 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

$325,140

Net + Discretionary

$195,487

Tax Prep Income

$288,256

Bookkeeping Income

$10,998

Other Income

$25,886

Individual Clients

375

Average Fee

$551

Entity Clients

97

Average Fee

$841

Revenue Breakdown

Entity Avg. Fee Breakdown:
38 - 1120 & 1120S @ $1,246 avg. fee
42 - 1041 & 706 @ $572 avg. fee
17 - 1065 @ $601 avg. fee

Bookkeeping Revenue Breakdown:
Bookkeeping - $10,998
Payroll Tax - $8,838

Other Revenue Breakdown:
Tax Audit/Response
Sales Tax
Other
Tax Planning

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.