#5573 - Los Angeles - CALIFORNIA

$550,000 - Established CPA tax and accounting firm for sale in Los Angeles, California. The practice is owned by two partners, both Certified Public Accountants, who are retiring. This is expected to be a full practice sale. 2025 billed revenue was approximately $476,000, derived from individual tax compliance of approximately $239,400, entity and fiduciary compliance of approximately $215,800, and exempt organization work of approximately $21,000. Average fees are approximately $3,150 across 76 Form 1040 returns, $3,481 across 62 entities, and $21,000 for a single Form 990 engagement. Anticipated 2026 gross revenue is approximately $450,000, with Seller discretionary earnings of approximately $166,306. The practice is operated by two partners with three employees: a full-time staff member responsible for information technology and tax preparation; a full-time administrative assistant; and a part-time accountant with 22 years at the firm who reconciles bookkeeping client records and prepares complex returns. All employees are expected to remain with the practice. Work is prepared by staff and reviewed by a partner, and the Buyer should be prepared to perform that review function and to sign the returns. Client delivery is predominantly remote. Approximately 50% of clients send information by mail, 46% send information electronically, 3% come in for an appointment, and 1% drop off documents. Email makes up the bulk of correspondence, supplemented by telephone calls, and approximately ten clients come in for sit-down meetings during the tax season. Three engagements involve work performed at the client’s location. This opportunity is best suited for a Certified Public Accountant or CPA firm with a strong technical tax background and the ability to handle accounting preparation engagements. The Sellers would also consider an established Enrolled Agent with sufficient experience to serve this client base. The client base consists largely of high-net worth individuals, attorneys, and real estate limited liability companies who expect prompt, personal service, and the Sellers regard responsiveness as the single most important quality in a successor. The practice performs no audit or review engagements. A Buyer maintaining a Greater Los Angeles presence, likely from Mid-Wilshire to LAX, would provide the strongest continuity. Practice utilizes CCH ProSystem fx, QuickBooks, Verifyle & CFS. Much more information is available on the Practice Profile, including a more in-depth breakdown of the staff and financials. For further information please contact us using the message form below. ATB, Inc. CA DRE 0200282