Roseville

CPA Firm for Sale in Roseville, CA. This Firm is comprised of 2 shareholders who are looking to reduce their workload and spend more time with family. The practice has been in the same downtown Roseville location for almost 20 years and the building is available for rent or lease if the Buyer wants to keep the office in the same location. Practice is best suited to a personable EA or CPA who has a strong tax background working with individuals and small businesses. Gross revenue of $432k is derived from 350 individual returns with an avg. fee of $453, plus 109 Entities (breakdown below) with an avg. fee of $952, as well as Accounting/Bookkeeping/Payroll/Misc. revenue. Firm currently uses Drake tax software along with Quickbooks and Office Tools. Firm operates with a 55%+ net profit after Seller Wages and Discretionary Expenses are accounted for. Much more information is available on the Practice Profile, including the 2021 P&L. Please log-in to your account for immediate access, including the ability to download the Practice Profile pdf and update your preferred distance preferences for notifications.

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

$509,000

Status

Available

Business Type

CPA Firm

Gross Revenue

$432,745

Net + Discretionary

$245,894

Tax Prep Income

$218,876

Bookkeeping Income

$152,578

Other Income

$61,291

Individual Clients

343

Average Fee

$453

Entity Clients

109

Average Fee

$952

Revenue Breakdown

Entity Breakdown:
20 - 1120 @ $928 avg fee.
50 - 1120S @ $928 avg. fee
20 - 1065 @ $916 avg fee
10 - 1041 @ $1,100
9 - 990 @ $1,051

Accounting & Other Service Revenue Breakdown:
Payroll Prep $16,648
Accounting $151,836
Medical Billing $81,278
Misc./Consulting $7,489
Tax Planning $47,865
Tax Audit $9,134
Monthly Fixed Fee Arrangements (Acct, Tax & Tax Planning) $38,462
**Amounts above represent 100% of the practice revenue of $615,322. Seller is retaining $182,577 of this revenue.

Gross Revenue Included in Sale - $432,745



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.