Westwood, Westside Los Angeles, High Quality CPA Practice for Sale
| Asking Price: | $1,490,000 |
| Gross Revenue: | $1,200,000 |
| Established Year: | 1987 |
| Cash Flow: | $800,000 |
| Rent: | $4,000/Month |
Will consider CPA with solid experience as partner to run practice
Well known and high quality sole practitioner CPA located in Westwood on the West Side is retiring after 38 years. Looking for a CPA with solid experience in tax and accounting to take over business in January 2025. Seller will stay with buyer for smooth and hassle free transition to maximise clients retention. Practice uses Lacerte for tax preparation, QuickBooks for accounting services, JetPack for practice management and SmartVault for clients portal. Practice completes approximately 200 Individual returns, 250 LLC's and partnership tax returns, and 150 corporate and other tax returns generating over $1,000,000 in tax services. There are few small clients bookkeeping and other accounting services generating over $ 200,000 in accounting services. Most clients upload tax documents to portal. There are hand full of clients who come to office once a year. Office is located in class A building on Wilshire Blvd. Office lease will expire June 2025. Seller prefers a buyer to have an existing established business and well staffed with capacity to take on new acquisition. Seller will guarantee first year gross revenue.
