CALIFORNIA

$680,000 - CPA Firm for sale in Newport Beach, CA – ref# NPB124. The Seller is willing to remain as an employee after the sale until their assistance is no longer needed. Pay rate to be negotiated. There are currently one full-time employee and 1 part-time employee who works full-time during the tax season. Both are likely to stay after the sale. Approximately 50% of clients come in for an appointment, 20% will drop off, 5% mail-in while the remaining 25% will remit their documents electronically. The current office space is conveniently located on the 1st floor of a professional building with ample parking, coffee shops and eateries nearby. The current lease has an expiration date of 9/30/24. If the Buyer decides to relocate the office after the expiration of the lease, keeping a location within approximately 5 miles from its current location is ideal and will aid in client retention. In 2023, the practice generated a gross revenue of $601k from 460 Individuals with an average fee of $620 and 272 Entities with an average fee of $1,164. Practice currently uses Lacerte for tax preparation. The clientele will transition best to an experienced EA or CPA with a strong background in tax and accounting. 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