Merced, CA CPA Practice for Sale
Asking Price: | $510,000 |
Gross Revenue: | $420,100 |
Cash Flow: | $255,350 |
Established Year: | 1987 |
• The owner is a CPA
• This practice was established in 1987
• Software in use includes UltraTax, Sage, QuickBooks, Excel
• Approximately $50,000 in annual revenue, via bookkeeping (12 clients)
• Approximately 208 individual tax returns with an average fee of $970 per return
• Approximately 12 business tax returns with an average fee of $4,110 per return
• Approximately 25 other tax returns with an average fee of $2,800 per return
• Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $255,346 (2023)
• Seller owns office space.