Long Beach CPA Firm for Sale

CPA firm for sale in Long Beach, CA. ref# LGB124. This Firm has been local to the Long Beach area since the 1970’s and needs to remain local after the sale. In addition to the Long Beach office there is also a satellite location in Orange County. This is a quality accounting firm that provides all-encompassing services to their clients; from Audits & Reviews, to Controller Services, Tax Planning, Write-up, Payroll and all types of tax return preparation. The Seller is looking forward to semi-retirement but is willing, and hopeful, to continue working after the sale on a full-time basis at first and then part-time in a couple years. Approximately 40% of the clients remit their documents to the office electronically, while 25% drop-off to the office, 25% mail-in to the office, and the remaining 10% like to come in for an appointment. The gross revenue of $2.1M is derived from 800 Individual returns with an avg. fee of $930 along with 230 1041’s with an avg. fee of $750 and 310 Entities with an avg. fee of $2,135, plus $318k of income from write-up & payroll, $133k from controller services and $70k from audits/reviews & compilations. The office is fully staffed with employees and contractors, most of whom are available after the sale. The practice uses Lacerte for tax preparation as well as QuickBooks, CCH Axcess and BNA Tax Projection. The clientele will only transition to a CPA with heavy tax background who has the necessary skills to manage the firm, and is able to easily discuss complex tax situations with clients.

Much more information is available on the Practice Profile, including a more in-depth breakdown of the staff. Please complete the Buyer Profile and NDA on our website at atbcal.com/buyerprofile and the Practice Profile will be available for download immediately after submission. ATB, Inc. CA DRE 02002824