Portland, OR Tax & Audit CPA Practice for Sale
| Asking Price: | $1,065,000 |
| Gross Revenue: | $1,065,000 |
| Cash Flow: | $322,256 |
• The owner is a CPA
• This practice was established in 1992
• Software in use includes Ultra Tax, Write-Up: CCH Engagement, Practice Mgmt: Thompson Reuters Practice
• Approximately $48,000 in annual revenue, via bookkeeping
• Approximately 430 individual tax returns with an average fee of $709 per return
• Approximately 180 business tax returns with an average fee of $2,000 per return
• Approximately $3,500 in annual revenue, via other returns
• Approximately $349,000 in annual revenue, via audit and review/consulting/payroll processing
• Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $322,256 (Proj 2024)
• Lease expires in 2024. Two story building with extra space available to bring in new employees or sublease. Year-to-year lease. Building owner is open to renewing lease or selling the building.
