San Mateo CA CPA Practice for Sale
Asking Price: | $975,000 |
Gross Revenue: | $802,702 |
Cash Flow: | $540,870 |
Established Year: | 1998 |
• The owners are CPAs and prefer buyers to be CPAs
• Practice can be relocated, clients can be serviced remotely
• This practice was established in 1998
• Software in use – Lacerte, QuickBooks, Rights Network, Microsoft Office
2023 Gross revenue includes:
• Approximately $103,000 revenue generated from Bookkeeping
• Approximately 271 individual tax returns with an average fee of $1,474 per return
• Approximately 68 Business tax returns with an average fee of $3,432 per return
• Approximately 30 Trust returns with an average fee of $1,795 per return
•Approximately $12,000 revenue generated from Consulting
• Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $540,870 (2023)
• Lease expires: Assumable and negotiable