Virtual San Francisco Bay Area, CA CPA Practice for Sale

San Francisco County, CA
listing image
Asking Price:$275,000
Gross Revenue:$183,000
Cash Flow:$156,000
Established Year:1984
BUSINESS DESCRIPTION

Valuation is LESS than 2X Cash flow!
• The owner is a CPA
• This practice was established in 1984
• No clients meet with the seller and staff and almost all clients are located in the San Francisco Bay Area. The seller operates remotely in Carson City, Nevada.
• Software in use includes Lacerte
• Approximately 82 individual tax returns with an average fee of $732 per return
• Approximately 38 business tax returns with an average fee of $3,237 per return
• Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business:  $135,845 (2023) and $155,983 (Proj. 2024)
• Lease is N/A. The clients are serviced virtually.


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