Greater Salem, OR Area EA Practice for Sale
Asking Price: | $780,000 |
Gross Revenue: | $678,000 |
Cash Flow: | $310,000 |
Established Year: | 2001 |
• The owner is an EA
• This practice was established in 2001
• Software in use includes Drake and QuickBooks
• Approximately $83,000 in annual revenue, via bookkeeping (39 clients)
• Approximately $203,000 in annual revenue, via payroll processing (99 clients)
• Approximately 920 individual tax returns with an average fee of $330 per return
• Approximately 110 business tax returns with an average fee of $755 per return
• Approximately 20 other tax returns with an average fee of $380 per return
• Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $286,250 (2023) and $309,706 (Proj. 2024)
• Seller owns office space and is open to selling the space to the new owner.