Kitsap County, WA CPA Practice for Sale
Asking Price: | $1,600,000 |
Gross Revenue: | $1,420,000 |
Cash Flow: | $576,935 |
Established Year: | 2006 |
• The owner is a CPA
• This practice was established in 2006
• Over 50% of clients meet with the seller and staff
• Software in use includes Drake, Tax Dome, QuickBooks
• Approximately $360,000 in annual revenue, via bookkeeping (100 clients)
• Approximately 1,750 individual tax returns with an average fee of $365 per return
• Approximately 440 business tax returns with an average fee of $950 per return
• Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $576,935 (Proj 2024)
• Lease expires August 31, 2025. Space is a second-floor suite in a three-story office building.