Virtual San Francisco Bay Area, CA CPA Practice for Sale
Asking Price: | $275,000 |
Gross Revenue: | $183,000 |
Cash Flow: | $156,000 |
Established Year: | 1984 |
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.