|REF||STATE||LOCATION||ANNUAL GROSS $||STATUS||PRIVATE SALE / BROKER|
|3328||CA||San Joaquin Valley||$420,000||sold||Accounting & Tax Brokerage|
$480,000 - CPA firm for Sale in California's San Joaquin Valley. This firm's gross revenue of approximately $420,000 is broken down to 38% Income Tax Preparation Fees, 27% Bookkeeping and Payroll, and 35% Tax Planning, Accounting and Consulting. This is a well-established firm with high average fees, stable client base and a good reputation. Tax prep fees average $998 for the approx 110 Individual returns plus $2,154 for approximately 20 Corp's and Partnerships and $800 average for 18 Trusts and Gift returns. Practice uses Lacerte for tax prep along with Sage and Pro Systems. Seller will remain to assist with transition and be available for continued employment if new owner desires. Practice can be moved within the immediate area but shouldn't be moved out of the current community. Firm net profit is over 50% and could be much higher if being merged with another practice.
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