Concord, CA CPA Practice for Sale
Asking Price: | $275,000 |
Gross Revenue: | $210,000 |
Cash Flow: | $162,000 |
Established Year: | 1980 |
Buyer must be able to speak read, and write Chinese (Mandarin, best Taiwanese)
• The owner is a CPA
• This practice was established in 1980
• Software in use includes Lacerte
• Approximately $70,000 in annual revenue, via bookkeeping (30 clients)
• Approximately 220 individual tax returns with an average fee of $320 per return
• Approximately 50 business tax returns with an average fee of $1,400 per return
• Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $161,670 (2024)
• Lease is month-to-month and is assumable by buyer.