CALIFORNIA

$1,250,000 - CPA firm for sale in Placentia, CA – ref# PLA124. The 2 Partners selling this firm are looking forward to retirement but are willing to stay up to 1 year, part-time, to ensure a smooth transition. There are currently 1 part-time employee and 4 full-time employees. It is unknown at this time if these employees are likely to stay after the sale. Approximately 1% of clients come in for an appointment, 1% will drop off, 93% mail-in while the remaining 5% will remit their documents electronically. The current office space, owned by the Sellers, and may be leased for up to 1 year, possibly longer if the Sellers are agreeable to it. Should the Buyer choose to relocate, it is advisable the new location should be kept within a reasonable distance of its current location for best client retention. In 2023, the practice generated a gross revenue of $1.09M from 59 Individuals with an average fee of $6,123 and 96 Entities with an average fee of $6,632 , with $97k in other services provided that are not billed with tax preparation. Practice currently uses ProSystem fx for tax preparation as well as Accounting CS, Practice CS, and CFS Tax Software. The clientele will transition best to an experienced CPA with a proven background in tax and accounting and should have experience in sophisticated tax resolution, tax planning and estate planning. Much more information is available on the Practice Profile. Please complete the Buyer Profile and NDA on our website at atbcal.com/buyerprofile and the Practice Profile will be available for download immediately after submission. ATB, Inc. CA DRE 02002824