Santa Ynez Valley

Tax & Bookkeeping firm for sale in the Santa Ynez Valley region. Firm revenue of $1,067,148 includes approximately 860 Individual tax clients with an average fee of $575 plus 268 Entity tax clients along with Bookkeeping and Consulting Services (see breakdown below). Gross revenue breakdown is roughly 76% Income Tax Preparation, 15% Bookkeeping and 9% Consulting. Firm uses Lacerte and sale includes all FF&E required for office operations. This practice is a great opportunity for an experienced EA or CPA who has a strong background in providing tax & bookkeeping services. Current staff is available and should be retained for best transition after close, plus both selling Shareholders are willing to stay and assist through transition as needed. 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.

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Price

$1,400,000

Status

Available

Business Type

EA Firm

Gross Revenue

$1,067,148

Net + Discretionary

$689,198

Tax Prep Income

$808,819

Bookkeeping Income

$153,152

Other Income

$105,166

Individual Clients

866

Average Fee

$574

Entity Clients

268

Average Fee

$1,153

Revenue Breakdown

Number of Tax Returns Prepared:
866 - 1040 @ $574 avg. fee
21 - 1120 @ $983 avg. fee
83 - 1120S @ $1,277 avg. fee
30 - 1065 @ $1,198 avg. fee
85 - 1041
1 - 706
39 - 990
1 - 5500

For tax year 2020 the firm’s return included 342 Schedule C’s, 231 Schedule E’s, 11 Schedule F’s with avg. total income per client of $169k. Approx. 50% of individual returns were completed prior to 4/15 and 50% went on extension.

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.