Westlake Village #WLV125

Practice Profile PDF

SOLD 11/1/2025 – CPA firm for sale in Westlake Village, CA. Ref# WLV125
This is a highly profitable, long-established tax and advisory practice with a select block of clients being offered for sale as part of the Seller’s phased retirement. Approximately 97% of clients remit their tax documents electronically, with the remainder using drop-off or mail. The current office will be retained by the Seller; the Buyer may operate from anywhere in the Los Angeles area or beyond, as the client base is not location sensitive. The 2024 Gross revenue of $246k is derived from 121 Individual returns with an avg. fee of $1,776, 9 Trusts (1041) with an avg. fee of $1,529, and 9 Entities (1120/1120S) with an avg. fee of $2,019. This is a partial sale with no employees transferring; the Buyer will assume all preparation responsibilities. The Seller will introduce clients and assist with transition but will not provide tax preparation support post-sale. Practice currently uses Lacerte, CFS, and BNA Tax Planner. The clientele will transition best to an experienced CPA or EA with strong tax knowledge and excellent communication skills.

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Price

$320,000

Status

Sold

Business Type

CPA Firm

Gross Revenue

$246,082

Net + Discretionary

$246,082

Tax Prep Income

$246,082

Accounting Income

-

Other Income

-

Individual Clients

121

Average Fee

$1,776

Entity Clients

18

Average Fee

$1,732

Revenue Breakdown

Entity Average Fee Breakdown:
1120 - 2 @ $3,600 avg. fee
1120S - 7 @ $1,702 avg. fee
1041 - 9 @ $1,529 Avg Fee

No Staff

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