Torrance, CA EA Practice for Sale
Asking Price: | $335,000 |
Gross Revenue: | $238,190 |
Cash Flow: | $184,400 |
Established Year: | 2005 |
• The owner is an EA
• This practice was established in 2005
• Less than 5% of clients meet with the seller in person
• Software in use includes Lacerte
• Approximately 385 individual tax returns with an average fee of $485 per return
• Approximately 60 business tax returns with an average fee of $790 per return
• Approximately 10 other tax returns with an average fee of $150 per return
• Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $184,429 (2023)
• Strong cash flow; Asking Price reflects less than 2X cash flow.
• Lease expires 8/31/2025. Office space includes one receptionist area and one office for practitioner.