|REF||STATE||LOCATION||ANNUAL GROSS $||STATUS||PRIVATE SALE / BROKER|
|4147||CA||Westlake Village||$527,447||sale pending||Accounting & Tax Brokerage|
$525,000 - CPA firm for sale in Westlake Village, CA. The CPA Seller established the firm in 1984 and has been operating in the current location for the past 3 years. The Seller is looking forward to retirement after a successful transition but will stay on to help with client retention as needed, pay rate to be negotiated. The employees will most likely remain on staff after the sale, if desired. Approximately 15% of clients come in for an appointment while the other 85% drop-off, mail-in or electronically upload their documents to the Seller. The current 1,400sqft. office space is leased by the Seller for $3,200/mo. with the lease set to expire on 7/31/2023. The practice may be relocated, if desired, but keeping a location in the local area would be best for client retention. Practice generates a gross revenue of $527k from 435 Individuals with an average of $680, plus 83 Entities with an average fee of $1,798, and $83k from bookkeeping, tax planning and consulting services. Gross revenue generated by the firm is approximately 80% tax and 20% Bookkeeping. Practice currently uses Ultra-Tax for tax preparation as well as QuickBooks. The clientele will transition best to a personable CPA with a strong background in tax. 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.