Torrance, CA EA Practice for Sale

Los Angeles County, CA
listing image
Sale Pending
Asking Price:$335,000
Gross Revenue:$238,190
Cash Flow:$184,400
Established Year:2005
BUSINESS DESCRIPTION

• 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.


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