Redding, CA CPA Practice for Sale
Asking Price: | $315,000 |
Gross Revenue: | $242,000 |
Cash Flow: | $112,800 |
Established Year: | 1995 |
• The owner is a CPA
• This practice was established in 1995
• Software in use includes Lacerte, QuickBooks, TValue, ATB, CFS, Excel, Word Perfect
• Approximately $25,000 in annual revenue, via bookkeeping (30 clients)
• Approximately 560 individual tax returns with an average fee of $260 per return
• Approximately 55 business tax returns with an average fee of $965 per return
• Approximately 30 other tax returns with an average fee of $400 per return
• Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $112,800 (2023)
• Lease is month to month. Space includes a kitchen with dishwasher, r0efrigerator, microwave, 2 bathrooms, 2 large offices, 1 large office/file room, 1 large reception area, and a processing area.