Pt. Richmond

EA Firm for Sale in Richmond, CA. The Seller of this 100% tax firm is looking forward to retirement but will provide transition assistance and could potentially assist with return preparation through the next tax season. Gross revenue of $158k is derived from 160 Individual returns with an average fee of $699 and 32 Entities with an average fee of $1,316 (See below for additional breakdown). Firm uses Ultra-Tax for all Individual and Entity tax filings along with QuickBooks and CS Professional Suite. Approximately 40% of the clients come in for a tax appointment while 60% will mail/drop off/upload their tax documents to the Seller. The firm can be moved from its current location but should remain close to West Contra Costa County. This firm is ideal for an EA or CPA who has a strong background in tax and working with small businesses. 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 preferences. Below is a little information provided by the Seller on an area of California that many may not be aware of:

“The historic community of Point Richmond is a very diverse neighborhood – a hidden gem within the Bay Area.  It is alive with art studios, its own history museum, live music venues, a restored indoor swimming pool (the “Natatorium”), many shops and a wide selection of restaurants and cafes.  The town itself has a long and varied history and many of the buildings are over 100 years old and restored into eating establishments and business offices.

The outlying area includes regional parks and three marinas.  It includes a large portion of the Bay Trail and has more miles of regional shoreline than any city in the Bay Area.  When you go through the tunnel, you arrive at a location that has a view of the Golden Gate Bridge and the City of San Francisco, the Bay Bridge, the Richmond San Rafael bridge and Mt. Tamalpais.

The community is quite neighborly and has a business association and a neighborhood association that work together to try to bring needed improvements and social activities to the attention of its governing city of Richmond and the county of Contra Costa.  Each summer, an outdoor monthly evening of live music night is enjoyed by the extended community.  Other picnics and general public activities are planned frequently.

This opportunity and location would be excellent for someone looking for a business location that also feels like home, and who wants to participate in a vibrant community and to find their place working and serving a very eclectic set of neighbors and businesses.  Whether you are looking for a place to start a business or to expand a current business, this would be a very suitable location.”

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

$190,000

Status

Sold

Business Type

EA Firm

Gross Revenue

$158,548

Net + Discretionary

$106,154

Tax Prep Income

$154,023

Bookkeeping Income

Other Income

$4,525

Individual Clients

160

Average Fee

699

Entity Clients

32

Average Fee

$1,316

Revenue Breakdown

Practice is 100% Tax Preparation with no significant bookkeeping or consulting income. There is $4,525 of additional income from QB & GL Review for a couple clients.

Entity Avg. Fee Breakdown
3 - 1120 @ $1,421 avg.
7 - 1120S @ $1,366 avg.
7 - 1065 @ $1,368 avg.
12 - 1041 @ $1,204 avg.
3 - 990 @ $ 1,423 avg.

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.