Channel Islands Harbor/Oxnard, CA CPA Practice for Sale
Asking Price: | $1,050,000 |
Gross Revenue: | $800,000 |
Cash Flow: | $350,000 |
Established Year: | 2005 |
• The owner is a CPA
• This practice was established in 2005
• Software in use includes ProSystems, QuickBooks, Tax Tools
• Approximately $50,000 in annual revenue, via bookkeeping (10 clients)
• Approximately 400 individual tax returns with an average fee of $1,000 per return
• Approximately 70 business tax returns with an average fee of $3,285 per return
• Approximately 35 other tax returns with an average fee of $2,000 per return
• Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $350,000 (2023)
• Lease is month-to-month.