CALIFORNIA

$395,000 - EA firm for sale in Simi Valley, CA. ref# SIV123. This sole-proprietor firm was established by the Seller in 1979 and has been operating in its current location for the past 24 years. The Seller is looking forward to semi-retirement but is willing to continue working a reduced number of hours for the next year or two. The current staff includes 2 FT bookkeepers as well as an admin assistant. The admin is leaving the firm to focus on school but both bookkeepers are likely to stay after the sale, if needed by the Buyer. Approximately 85% of clients come in for an appointment, while 5% drop off documents, 7% mail-in, and 3% electronically submit their documents for return completion. If the office space is not retained, keeping an office in the general area of Simi Valley would be best for client retention. In 2022, this practice has generated a gross revenue of $427k from 585 Individuals with an average fee of $378, 103 Entities with an average fee of $600, $104k in Bookkeeping, and $5k in Consulting and miscellaneous income. The Seller also made $47k in Commissions and Securities. The Seller is retaining the securities part of his business, and therefore will not sell to anyone who is licensed to sell securities as this would be a conflict for both parties. Practice currently uses Lacerte for tax preparation as well as QuickBooks and TaxTools. Seller is looking for an experienced EA or CPA with a strong background in tax and accounting that is kind, honest, knowledgeable in all aspects of taxation, and able to communicate clearly with clients. 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