CALIFORNIA

$525,000 - CPA firm for sale in Torrance, CA. This firm was established by the Seller in 1983 and has been operating in its current location for 23 years. Seller would like to stay for 1-3 years if needed. Office staff includes a part-time Office Manager and a part-time Bookkeeper that are also interested in staying on. Approximately 40% remit their documents electronically, while 30% mail-in and 25% drop-off, with the remaining 5% preferring to come in for an appointment. Firm provides tax services to multiple, high net worth individuals and entities, with real estate being the most common client base. Practice is relocatable, within a reasonable distance, for best client retention. Firm generates gross revenue of $427k from 103 Individuals with an average fee of $1,535, plus 126 Entities with an average fee of $2,048 with another $61k in bookkeeping, planning and consulting work. Practice uses Lacerte for tax preparation as well as Timeslips, File in Time and QuickBooks. The clientele will transition best to an EA or CPA with a strong background in tax, along with excellent technical and interpersonal skills. 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