Sacramento

CPA firm for sale in Sacramento, CA. This Sole-Proprietor CPA firm was established by the Seller in 1986 and has been operating in its current location for 18 years. This firm enjoys high average fees along with a great mix of revenue sources and is priced for a quick and efficient sale by a motivated Seller. Approximately 5% of clients come in for an appointment, 40% drop-off, 30% prefer to mail in and the remaining 25% send in electronically. Firm generates approximately $816k gross revenue from 305 Individuals with an average fee of $940 and 106 Entities with an avg. fee of approx. $1,363. The remaining 48% of revenue is derived from compiled and reviewed financial statements as well as a small amount of payroll. The firm operates from a 1600 sqft. office space located in a professional building with plenty of parking and easy Hwy 80 access. The clientele will only transition to a CPA with a background in tax & accounting and who can assist clients with tax planning and personal financial guidance. Practice currently utilizes CCH Prosystem FX for tax preparation as well as CCH Engagement, Practice CS, and QuickBooks. 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

$600,000

Status

Available

Business Type

CPA Firm

Gross Revenue

$815,905

Net + Discretionary

$235,795

Tax Prep Income

$431,150

Bookkeeping Income

$79,000

Other Income

$305,755

Individual Clients

305

Average Fee

$940

Entity Clients

106

Average Fee

$1,363

Revenue Breakdown

Entity Average Fee Breakdown:
6 - 1120 @ $1,600 avg. fee
46 - 1120S @ $1,800 avg. fee
29 - 1065 @ $1,200 avg. fee
25 - 1041 @ $690 avg. fee

Accounting Service Revenue Breakdown:
3 - Payroll Clients with an avg. of 15 payees per client - $5,500
6 Quarterly Accounting - $60,000
10 Annual Accounting - $19,000

Reviewed & Compiled Monthly Financial Statements - $290,000

Other Services/Consulting - $10,255

Approximately 52% of revenue comes from tax and 48% from accounting services including compilations and reviews from a large grocery chain located all around California.

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.