Portland Area OR CPA Tax Practice for Sale
Asking Price: | $345,000 |
Gross Revenue: | $287,154 |
Cash Flow: | $148,250 |
Established Year: | 1974 |
• The owner is a CPA
• This practice was established in 1974
• Software in use – Lacerte, QuickBooks
• Approximately $19,000 in revenue generated by Accounting Services
• Approximately 175 Individual tax returns with an average fee of $892 per return
• Approximately 2 Corporate tax returns with an average fee of $1,376 per return
• Approximately 16 Partnership tax returns with an average fee of $2,897 per return
• Approximately 20 Fiduciary tax returns with an average fee of $2,030 per return
• Approximately $23,000 in revenue generated from consultations and tax audits
• Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $148,250 (Jun ’22 – May ‘23)
• Lease: month to month, utilities included