CALIFORNIA

This would be a great practice to acquire early in the year (May-June) because it generates over $200,000 in attest revenue every July through September. If you provide attest services in California but have a tax heavy practice, this would help stabilize some of the revenue seasonality.

This practice was started in 1977 and today provides service to a little over 500 clients. Most of the clients have been with the practice for a long time and are upper net worth. The mix of services is approximately 50% tax compliance services, 45 % audit and review services with the balance in traditional write-up services. This is a very profitable practice that will provide the buyer with high annual return on the acquisition. The seller plans to retire, but is willing to stay on for an extended period to the buyer in transition of the clients as needed.

Tax software: Lacerte
Other software: AMS (payroll), Mas90 (bookkeeping)

Please contact us if you would like to learn more about this opportunity. We have a detailed report you can review after signing a non-disclosure agreement.