Lakewood, WA EA Practice for Sale
Asking Price: | $280,000 |
Gross Revenue: | $230,000 |
Cash Flow: | $77,720 |
• The owner is an EA
• This practice was established in 2009
• Software in use includes Drake, QB Desktop, QB Online, Zoho, Office 365
• Approximately $50K in annual revenue, via bookkeeping (22 clients)
• Approximately 260 individual tax returns with an average fee of $295 per return
• Approximately 55 business tax returns with an average fee of $670 per return
• Approximately 25 other tax returns with an average fee of $530 per return
• Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $77,720 (2023)
• Lease expires 9/1/2024. 3-bedroom, 1 bath home converted to commercial space in 1971. Remodeled in 1991 and upgraded in 2020.