Concord, CA CPA Practice for Sale

Contra Costa County, CA
listing image
Asking Price:$275,000
Gross Revenue:$210,000
Cash Flow:$162,000
Established Year:1980
BUSINESS DESCRIPTION

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.


DETAILED INFORMATION
Location
Contra Costa County, CA
Inventory
Not Included in asking price
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Hannah Boctor
Accounting Practice Sales
Hannah Boctor