Novato CA CPA Practice for Sale
Asking Price: | $750,000 |
Gross Revenue: | $600,000 |
Cash Flow: | $390,455 |
• The owner is a CPA
• This practice was established in 1991
• Software in use includes UltraTax
Projected 2023 revenue includes:
• Approximately $77,400 in accounting services (approx. 16 clients)
• Approximately 729 individual tax returns with an average fee of $516 per return
• Approximately 65 individual tax returns of children with an average fee of $63 per return
• Approximately 58 business tax returns with an average fee of $1,862 per return
• Approximately 15 Non-profit (990s) tax returns with an average fee of $947 per return
• Approximately 11 Partnership tax returns with an average fee of $595 per return
• Approximately 19 Trust (1041s) tax returns with an average fee of $471 per return
• Other revenue includes $5,000 in payroll services
• Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $390,455 (2022)
• Lease expires on N/A. Seller owns building.