#5138 - Central Coast - CALIFORNIA

This is a rare combination of legacy stability, rising growth, and solid operational structure—offered with built-in transition support and an outstanding, cohesive team. The firm's revenue mix is heavily tax-focused, with 49% from personal returns (half tied to business owners), and 33% from business tax—with premium pricing averaging $2,343 per return. 2024 revenue exceeded $2.26 million, up from $1.82 million in 2023, and is projected to reach $2.65 million in 2025—representing an impressive 20% year-over-year growth. Net cash flow remains robust at approximately 40%, and monthly receipts show consistent strength in Q1 and Q2. Trailing 12-month cash flow is over $1 million and revenue around $2,500,000. Backed by a fully staffed team of CPAs and tax professionals, this is a turn key operation for a growth minded buyer. The firms deeply rooted local presence ensures a steady stream of referrals, while strong demand for added services (CFO, wealth management, bookkeeping) creates clear paths for expansion. ● Both young owners are willing to stay on for the right situation. One wants to continue working in the business. ● Premium Fees $2,343 for business return and $1,200+ for individual returns (half tied to a business). ● Staff retention is outstanding - Over 5 staff with several CPA tax managers. ● Rapid Growth: Grew over $450,000 in 2024 and projected to grow another $500,000 this year. Ideal Buyer: The ideal buyer for this CPA firm will be a licensed CPA, preferably local to California’s Central Coast, who can appreciate and uphold the firm’s approachable, reliable, and responsive reputation. They should bring a high level of emotional intelligence and the ability to communicate complex financial concepts in plain, relatable language—traits that resonate with the firm's casual yet professional client base. A personable, grounded demeanor is essential, as clients tend to value authenticity over polish. Strong leadership skills, a collaborative mindset, and a respect for timely, consistent client communication will ensure a smooth transition and continued success. One owner is open to staying on for the short term. While the other owner is ready to stay on post-sale to assist with continuity and growth, this is a perfect opportunity for a regional firm, private equity group, or entrepreneurial CPA looking to step into a practice with immediate scale, profit, and momentum.