Auburn, CA CPA Practice for Sale
Asking Price: | $975,000 |
Gross Revenue: | $832,000 |
Cash Flow: | $411,500 |
Established Year: | 2004 |
• The owner is a CPA
• This practice was established in 2004
• Software in use includes Lacerte, QuickBooks, SmartVault
• Approximately $251,000 in annual revenue, via bookkeeping (60 clients)
• Approximately 900 individual tax returns with an average fee of $335 per return
• Approximately 150 business tax returns with an average fee of $1,180 per return
• Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $411,500 (Proj 2024)
• Office space is a two-story building that is owned by the seller.