Novato CA CPA Practice for Sale

Novato, CA
listing image
Asking Price:$750,000
Gross Revenue:$600,000
Cash Flow:$390,455
BUSINESS DESCRIPTION

• 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.


DETAILED INFORMATION
Location
Novato, CA
Inventory
Not Included in asking price
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Hannah Boctor
Accounting Practice Sales
Hannah Boctor