Virtual Beverly Hills, CA CPA Practice for Sale
Asking Price: | $360,000 |
Gross Revenue: | $255,000 |
Cash Flow: | $139,050 |
Established Year: | 2001 |
This is virtual practice; 1% of clients come to the office to drop off/pick up materials.
• The owner is a CPA
• This practice was established in 2001
• No clients meet with the seller and staff
• Software in use includes Lacerte, Checkpoint Tools (PPC)
• Approximately 110 individual tax returns with an average fee of $380 per return
• Approximately 70 business tax returns with an average fee of $990 per return
• Approximately $11,500 in annual revenue, via other projects
• Approximately $31,650 in annual revenue, via audit and review
• Approximately $82,800 in annual revenue, via business consulting
• Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $122,954 (2023) and $139,056 (Proj. 2024)
• Lease is N/A. The seller operates virtually from a home office