CALIFORNIA

$990,000 - EA and CFP Firm for Sale in Studio City, CA. ref# STC123. This firm was established by the Seller in 1984 and has been operating in its current location for 39 years. The Seller is looking forward to retirement but is willing to stay for 1 tax season to ensure a smooth transition. The office space is situated in an upscale professional building close to most of the major studio lots. Due to the type of clientele serviced, the Buyer should retain an office in the same general area if the current location is not assumed. Currently, all clients either drop off or mail in their documents to the office. The Seller, and the clientele, are open to exploring new methods of document submission and retrieval, however, a local, physical presence will need to be kept as much of the clientele work in the nearby studio lots in film and TV production on both sides of the camera. Practice generates a gross revenue of $879k from 516 Individuals with an average fee of $784, plus 102 Entities with an average fee of $1,867, $75k of Bookkeeping and Payroll and $209k in Investment Commissions. Practice currently uses Lacerte for tax preparation as well as CFS Tax Tools and QuickBooks. The clientele will transition best to an EA or CPA who is a CFP, or similar, with a Series 6 license. They should have a strong background in tax and accounting along with good people skills, investment experience, and knowledge of the entertainment business (specifically film production nuances). Much more information is available on the Practice Profile, including staff info. 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