Woodland Hills

CPA firm for sale in Woodland Hills, CA. Firm revenue of $495k includes approximately 283 Individual tax clients with an average fee of $512 and 102 Entity tax clients with an average fee of $1,540 along with $175k in Accounting/Bookkeeping Clients and $19k in Consulting. Gross revenue breakdown is roughly 61% Income Tax Preparation and 39% Bookkeeping & Consulting. Currently 90% of clients will remit documents via email/mail/upload while about 10% want to schedule an in-person appointment. Firm uses CCH ProSystem FX and practice can be moved out of Woodland Hills to another office in the Valley. Much more information is available in the Practice Profile. Please complete the Buyer Profile and NDA online via the link below and the Practice Profile will be available for download immediately after submission.

Price

$570,000

Status

Available

Business Type

CPA Firm

Gross Revenue

$494,870

Net + Discretionary

$304,635

Tax Prep Income

$302,120

Bookkeeping Income

$173,750

Other Income

$19,000

Individual Clients

283

Average Fee

$512

Entity Clients

102

Average Fee

$1,540

Revenue Breakdown

Entity Breakdown:
6 - 1120 @ $1,133 avg. fee
32 - 1120S @ $1,831 avg. fee
37 - 1065 @ $1,878 avg. fee
22 - 1041 @ $666 avg. fee
2 - 706 @ $2,300 avg. fee
3 - 709 @ $1,000 avg. fee

Accounting Breakdown:
26 Monthly Accounting @ $465 avg. fee per client per month
10 Quarterly Accounting @ $558 avg. fee per client per month

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.