San Diego – (Point Loma Virtual)

CPA firm for sale in San Diego, CA. The Seller of this remotely operated firm is looking forward to retirement but is available to provide transition assistance after the sale as needed. The firm is operated without any staff from a virtual office, but maintains a physical address in a co-working space for clients to drop-off tax documents. 2021 Gross revenue of $151k is derived from 130 Individual returns with an average fee of $713 plus 45 Entities (breakdown below) with an average fee of $1,192 and additional service income of $5k. Keeping the co-working space for client drop off is ideal because of the location, please see Practice Profile for additional office information and options. Approximately 79% of clients submit their documents via email while 5% will mail, 15% will drop-off their information, and less than 1% like an in-person appointment. Practice currently uses UltraTax for tax preparation as well as Practice CS & Teams for virtual review meeting. The Seller is looking for an experienced EA or CPA with a strong background in tax to acquire the full practice and take care of their clients for years to come. 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

$195,000

Status

Available

Business Type

CPA Firm

Gross Revenue

$151,449

Net + Discretionary

$129,895

Tax Prep Income

$146,341

Bookkeeping Income

0

Other Income

$5,108

Individual Clients

130

Average Fee

$713

Entity Clients

45

Average Fee

$1,192

Revenue Breakdown

Entity Average Tax Fee Breakdown:
1 - 1120 @ $980 avg. fee
19 - 1120S @ $1,441 avg. fee
1 - 1065 @ $1,700 avg. fee
22 - 1041 @ $983 avg. fee
2 - 709 @ $983 avg. fee

There is no staff at this firm.




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.