Davis, CA CPA Practice for Sale
Asking Price: | $825,000 |
Gross Revenue: | $622,000 |
Cash Flow: | $333,000 |
Established Year: | 2005 |
• The owner is a CPA
• This practice was established in 2005
• Software in use includes Lacerte, QuickBooks, MS Office, CFS Tax Tools
• Approximately $72,500 in annual revenue, via bookkeeping (43 clients)
• Approximately 605 individual tax returns with an average fee of $480 per return
• Approximately 140 business tax returns with an average fee of $1,120 per return
• Approximately 40 other tax returns with an average fee of $450 per return
• Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $332,907 (2023)
• Office is shared commercial space with multiple business suites throughout.