Merced, CA CPA Book of Business for Sale
| Asking Price: | $1,100,000 |
| Gross Revenue: | $920,000 |
| Cash Flow: | $333,400 |
| Established Year: | 1998 |
• The owner is a CPA
• This practice was established in 1998
• Software in use includes CCH Axcess and CCH Engagement
• Approximately $95,200 in annual revenue, via bookkeeping (103 clients)
• Approximately $84,000 in annual revenue, via consulting and payroll (27 clients)
• Approximately 125 individual tax returns with an average fee of $1,900 per return
• Approximately 35 business tax returns with an average fee of $7,780 per return
• Approximately 60 other tax returns with an average fee of $4,660 per return
• Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $380,440 (2023) and $333,359 (Proj. 2024)
• Lease expires 10/31/2026. Office space includes a reception area, five offices, and a file room
