San Diego – University City

CPA Firm for Sale in the University City neighborhood of San Diego. This sole-proprietor firm was established by the Seller over 30 years ago and has been in its current location for over 20 years. Due to the location there are a lot of biotech clients at the firm and any successor should be comfortable with stock options and the industry. The Firm provides mostly Tax services and limited Bookkeeping to a loyal client base. Practice can be moved from it’s current location but should remain in the local region for the best client retention. Firm generates gross revenue of $218k from 211 Individuals with an average fee of $768, plus 22 Entities with an average fee of $1,418 (additional breakdown below), and $25k of revenue from limited Bookkeeping services. Most clients utilize a web based portal for document upload, and will download the completed return after a zoom review with the seller. Approximately 10% of the clients will drop off their tax information while 15% mail-in and 75% remit electronically. Seller is ideally looking for a CPA with a background in tax who will care for the relatively high net worth clients for years to come. Firm uses Lacerte & QuickBooks online. 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

$279,500

Status

Available

Business Type

CPA Firm

Gross Revenue

$218,274

Net + Discretionary

$193,902

Tax Prep Income

$193,274

Bookkeeping Income

Other Income

$25,000

Individual Clients

211

Average Fee

$768

Entity Clients

22

Average Fee

$1,418

Revenue Breakdown

Entity Avg. Fee breakdown:
15 - 1120S @ $1.771 avg. fee
7 - 1041 @ $660 avg. fee

Seller will provide transition assistance but there are no employees and therefore no staff available after closing.

Office space can be shared in the current location or the firm can be moved within the local area.

Most clients utilize a web based portal for document upload, and will download the completed return after a zoom review with the seller. Approximately 10% of the clients will drop off their tax information while 15% mail-in and 75% remit electronically.

Seller is ideally looking for a CPA with a background in tax who will care for the relatively high net worth clients for years to come.

Firm uses Lacerte & QuickBooks online.

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.