Westlake Village II

CPA practice for sale. This firm is currently operates out of a home office but was previously located in Westlake Village, CA for 13 years. Gross revenue of $204k is 100% from tax preparation services and includes approximately 226 Individual returns with an average fee of $872 along with 18 Entities with an average fee of $1,110 (see breakdown below). Approximately 30% of clients remit their information electronically, while 40% mail and 30% drop off. Practice must be moved from its current location, but should retain an address or physical location, in Los Angeles or Ventura county for the best client retention. The firm is operated exclusively by the Seller with no staff. The clientele will transition best to an EA or CPA with a comprehensive background in tax. This individual should be knowledgeable, friendly, honest and have a sense of humor. Practice currently uses Lacerte for tax preparation. 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

$250,000

Status

Available

Business Type

CPA Firm

Gross Revenue

$204,615

Net + Discretionary

$177,077

Tax Prep Income

$204,615

Bookkeeping Income

Other Income

Individual Clients

226

Average Fee

$872

Entity Clients

18

Average Fee

$1,110

Revenue Breakdown

Entity Avg. Fee Breakdown:
1 - 1120 @ $1,700 avg. fee
5 - 1120S @ $1,185 avg. fee
3 - 1065 @ 742 avg. fee
9 - 1041 @ $1,125 avg. fee

Seller operates firm with no staff.
Home office and must be moved within Ventura or LA County.

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.