All BBI listings include: 1. Guarantee of the gross revenue; 2. Seller financing;
3. Transitional assistance by Seller.
can be confident that our practice listings are solid.
Check our listings again soon as several new listings are in the wings
Listings as of July 3, 2015
CPA PRACTICE #118813 EAST BAY
$1,882,865 GROSS. Taxes 62% ($1,415 AVG), Financial Accounting 36% ($20,899AVG); consulting 4%. Well established 31 years. Seller will transition out over the next 3 -5 years. High net 57%. CCH User. Terms & Guarantee.
CPA PRACTICE #171515 SAN FRANCISCO FINANCIAL DISTRICT
$715,000 GROSS. Taxes 90% ($3,340 AVG), Financial Accounting 1% ($2,900AVG) consulting 4% and tax software reimbursement. Well established 20 years. Practice can be relocated. High net 58%. CCH ProSeries FX User. International tax experience a must. Terms, Guarantee and Transition assistance.
CPA PRACTICE #140015 STOCKTON
$400,000 GROSS. Tax 93% ($536 Avg), Bookkeeping 5% ($902 AVG) and 2% Other. Terms, Guarantee. SOLD
EA PRACTICE #132215 FREMONT
$322,029 GROSS. Tax 97% ($294 Avg) and Bookkeeping 3% ($1,000 AVG). Lacerte user. Seller is motivated to sell and is looking for an exceptional EA or CPA to take over his clients. 50% of the clients either mail or drop off their information. Low AR. Great collections. Lease is year to year and practice can be relocated within reason. Excellent street front location. Well-established practice (64 years). 50% Net. Terms, Guarantee and Transitional Assistance.
EA TAX & BOOKKEEPING PRACTICE #130514 SANTA CRUZ
$310,000 GROSS. Taxes 55% ($328 AVG) and Bookkeeping 45% ($3,510 AVG) Practice is well established with a diverse client base. CCH Prosystem fx User. 60% of tax clients either mail, email, drop-off or fax their information. Seller is available to work part time next tax season. Terms and guarantee.
EA PRACTICE #128015 STOCKTON
$270,000 GROSS. Taxes 100% ($337 AVG). Well established (22 years) with a diverse client base. Lacerte User. Practice must be relocated. Terms, Guarantee and Transitional Assistance. UNDER CONTRACT
CPA PRACTICE #120314 HAYES VALLEY SAN FRANCISCO
$192,000 Gross ($1,049 Avg). Pro-Series user. 65% of clients either mail, email or drop off their information. Seller is motivated to sell and is looking for an exceptional CPA or EA to take over her clients. Well-established practice (20 years). Practice is very profitable with a net of 55%. Practice must be relocated to the Buyer's office. Terms & Guarantee of Gross Revenue.
CPA PRACTICE #118615 MORGAN HILL
$186,726 Gross Tax 94% ($529 Avg), Bookkeeping 2% ($2,250 AVG) and misc 4%. Terms & Guarantee. SOLD
EA PRACTICE #117315 ALAMEDA COUNTY
$186,274 GROSS. Taxes 54% ($360 AVG) and Bookkeeping and Payroll 45% ($1,454 AVG). Well established (12 years) with a diverse client base. ProSeries User. Excellent rent, but can be relocated within reason. Seller would like to work part-time. Terms, Guarantee and Transitional assistance.
CPA PRACTICE #116915 GLENN COUNTY
$169,667 Gross Tax 73% ($483 Avg), Bookkeeping ($2,422 AVG). Lacerte user. Seller is motivated to sell and is looking for an exceptional CPA to take over his clients. Seller owns building and is willing to offer lease or sell building. Well-established practice (40 years). Terms, Guarantee and Transitional Assistance.
CPA PRACTICE #116115 SAN JOSE
$160,000 GROSS. 71% tax ($941Avg), Bookkeeping 24% ($2,021). Terms & Guarantee of Gross Revenue, and transitional assistance. SOLD
CPA PRACTICE #115714 NORTHERN MARIN COUNTY
$157,605 GROSS. Taxes 100% ($390 avg). CPA seller deceased October 2014. Practice has been operated by partner. Partner is willing to assist with the transition. Practice can be relocated within reason. Will consider selling to a qualified CPA or EA. Terms & Guarantee to a qualified Buyer.
CPA PRACTICE #115315 CONTRA COSTA COUNTY
$153,810 GROSS. Taxes 100% ($487 Avg). Tax season hours: 9-5 weekdays, 9-3 Saturday: Off season 9-4:30 every other week. Mo/mo Lease: buyer may take over premises or relocate to buyer’s office. Exceptional net of 74%. Established 38 yrs. Motivation: Retirement. Terms, Guarantee & Transitional Assistance. UNDER CONTRACT
CPA PRACTICE #113515 SANTA CRUZ COUNTY
$135,000 GROSS. Taxes 94% ($737 AVG), Financial Accounting 6% ($4,100 AVG). Well established 22 years. Practice operated out of seller's home and will need to be relocated. Seller is willing to work for Buyer during the 1-3 tax seasons. High net 79%. Lacerte User. Terms, Guarantee and Transitional assistance.
EA PRACTICE #110815 SHASTA COUNTY
$108,041 GROSS. Tax 89% ($365 Avg) and Bookkeeping 11% ($2,400 AVG). Lacerte user. Seller is motivated to sell and is looking for an exceptional CPA to take over his clients. Lease is month to month and can practice can be relocated within reason. Excellent street front location. Well-established practice (34 years). 54% Net. Terms, Guarantee and Transitional Assistance.
EA PRACTICE #108414 NORTHERN ALAMEDA COUNTY / WEST CONTRA COSTA COUNTY
$83,800 GROSS. 100% Tax ($386 AVG). UltraTax user. Seller would be available to work part time for the Buyer during the next tax season. Practice established 10 years. Furniture optional. Terms and guarantee.
CPA PRACTICE #107515 CONTRA COSTA COUNTY
$75,376 GROSS. Taxes 55% ($320 AVG), Accounting 27% ($4,332 AVG) and 18% other (includes tax processing fee recovery). Tax season and off season hours by appointment. Practice is operated out of seller’s home and must be relocated. Established 20 yrs. Lacerte user. Motivation: Retirement. Terms, Guarantee & Transitional Assistance.
CPA PRACTICE #105913 SISKIYOU COUNTY
$59,605 GROSS. Taxes 98% ($257 avg); Accounting 2% ($648 avg). 30 year practice with loyal clients. Great location in scenic area wiht mild weather. Very reasonable rent, currently no lease and practice may be relocated. Good netof 52%. Motivated seller near Mt. Shasta. Excellent recreation and small schools. Furniture & Equipment are optional. Seller available for transitional assistance. Terms and Guarantee.
EA PRACTICE #105515 SOLANO COUNTY
$55,000 GROSS. 100% Tax ($611 AVG). CCH ProSystems user. Seller is spinning off the tax portion of the practice. Practice must be relocated. Seller available to work part time for the Buyer during the next tax season. 25 yr. practice. Terms and guarantee.
CPA PRACTICE #104514 CALAVERAS COUNTY
$45,900 GROSS. Taxes 57% ($253 AVG), Bookkeeping 34% ($1,580 AVG) and Payroll 8% ($345 AVG). Firm established 12 years. Practice is located in Seller's home and will need to be relocated. Drake User. Seller willing to work part time through next tax season. Terms and guarantee.
Listings as of July 3, 2015
CPA PRACTICE #227514 BAKERSFIELD
$306,600 GROSS. Taxes 51% ($1,698 Avg.); Accounting 49% ($10,740/yr. Avg.). Tax season hours: 9-5 weekdays, 9-3 weekends. Seller available during transition to ensure high level of retention. Lease expires 8/31/15. Very steady year around cash flow. Seller's goal is to reduce work load and stress. Terms & Guarantee. CALL DAVID SMITH (BROKER) AT 800-274-4272
CPA PRACTICE #122515 SAN LUIS OBISPO
$225,000 Gross Tax 98% ($603 Avg), Monthly Payroll 2% ($800 AVG). Lacerte user. Seller is looking for an exceptional CPA to take over his clients. Seller & wife available to work for Buyer during Tax season. Seller owns building; willing to offer lease. Well-established (29 years). Terms& Guarantee. CALL LEE RIBOLIN (BROKER) AT 800-727-4272
CPA PRACTICE #217514 SAN LUIS OBISPO COUNTY
$182,000 GROSS. Taxes 91% ($936 avg); Bookkeeping, P/R, Misc 9%. Very even & consistent cash flow. High net. Lacerte user. Seller owns office condo. Buyer can purchase office condo (600 sq. ft.) or lease, or relocate practice to Buyer's location. Desirable location. Terms & Guarantee. CALL DAVID SMITH (BROKER) AT 800-274-4272
Listings as of July 3, 2015
EA TAX & BOOKKEEPING PRACTICE #271214 S.W. SAN FERNANDO VALLEY
$714,472 GROSS. Taxes 38% ($744 avg); Bookkeeping 61% ($4,472 avg) includes payroll); Misc. 1%. Seller is retiring but will stay on as needed for training, introduction, transitional assistance. Mostly single entry accounting. Located in attractive office building. Most employees earn about $15-$20 per hour, most expected to stay on. Lacerte user and proprietary write-up program. Established 38 years. Most clients in the gas station and service station business. Terms & Guarantee of gross revenues.
CTEC PRACTICE #165015 WOODLAND HILLS
$650,000 GROSS. Taxes 52% ($414 avg); Bookkeeping 48% ($2,220 avg) includes payroll. Seller available for training, introduction, transitional assistance. Both Seller and Seller's wife are willing to work part time for Buyer. All employees earn about $20-$25 per hour, all expected to stay on. ATX and QB user. Established 30 years. Seller owns building (attractive ofc. bldg.) and is offering a very attractive lease. Terms & Guarantee of gross revenues. CALL LEE RIBOLIN (BROKER) AT 800-727-4272
CPA PRACTICE #255315 PASADENA AREA
$553,048 GROSS. Taxes 83% ($1,525 Avg); Accounting 4% ($11,688/yr Avg); Audits 12% ($7,872 Avg); Payroll 1% ($1,254/yr Avg). Lease expires 11/30/15. Client avg income $250,000, avg age 70. Hours: off season 8-4: tax season 8-5 plus Sat 8-2. Billing rate $375/hr. Established 50 yrs. Even monthly cash flow with exceptional tax season. R.E. partnership knowledge/experience helpful. Seller open to several different purchase scenarios. Terms, Guarantee and Transitional Assistance.
CPA PRACTICE #249215 NORTH SAN FERNANDO VALLEY
$502,000 GROSS. Taxes 38% ($582 Avg); Bookkeeping 39% ($1,585/yr Avg); PayRoll, MAS Consulting, etc 22%. Motivation is semi-retirement. Mo-Mo lease @ only 4% of gross (practice may be relocated or new lease negotiated). .All Bkkp. is single entry on Creative Solutions and proprietary bkkpg. program analysis. Estab. 30+ years. Tax interviews pre-set. Very even monthly cash flow. Terms, Guarantee & Transitional Assistance.
EA TAX & BOOKKEEPING PRACTICE #237615 SAN DIEGO PACIFIC BEACH AREA
$376,188 GROSS. Taxes 56% ($211 avg); Bookkeeping 30% ($3,191 avg); Misc. (payroll, IRS audit). Health forces sale, but seller wants to stay on part time at about 50% capacity. Located in West 921 zipcode with ocean view. Two full time employees that will stay on. High net profit of 64%. Lease is month to month and practice may be relocated to Buyer’s premises. Low A/R’s. Lacerte user. Established 35 years. Terms & Guarantee of gross revenues.
EA PRACTICE #228115 RIVERSIDE
$281,659 GROSS. Taxes 100% ($340 avg). Motivation: Seller wants to develop a new/separate practice specializing in tax resolution for clients with IRS problems. Seller willing to sublet some space from a buyer that takes over his premises and pay a portion of the rent, or, will move to a new location in Riverside if required. Note: Practice has grown 15% per year for last 2 years. High net profit. Low, low rent. Low, low A/R's. ProSeries user (Lacerte product). Established 26 years. Terms, Guarantee & Transitional Assistance.
CPA PRACTICE #220015 ORANGE
Spinning off about $200K of $350,000 Gross. Total practice specs: Taxes 88% ($613 Avg); Accounting 7% (1,688/yr. Avg); Misc 5% ($400/yr Avg). Established 34 yrs. Billing rate $240/hr. Office near Anaheim Stadium, 3,500 sq. ft. Seller can offers various purchase scenarios depending upon buyer’s situation (call broker for details). Buyer needs to have an existing book of business. Seller will continue providing financial services to these clients. Terms, Guarantee and Transitional Assistance.
EA PRACTICE #214015 N. SAN DIEGO COUNTY
$140,586 GROSS. Taxes 90% (Avg. Fee 1040 = $392, 1120/S = $607), Bus. Consulting 5%, Payroll 4%. 60% individual returns, rest = corps, partnerships, fiduciary. Practice can be relocated or combined with Buyer’s existing practice. Well-established (10yrs). Uses Lacerte and QuickBooks. Seller available for up to 2 yrS (optional). Terms,Guarantee & Transitional Assistance.
CPA PRACTICE #212015 NORTH ORANGE COUNTY
$120,000 GROSS. Accounting 67% ($4,445 Avg/Yr); Taxes 33% ($580 Avg). Terms & Guarantee. UNDER CONTRACT
CPA PRACTICE #212115 SOUTH ORANGE COUNTY (NEAR I5 & 405)
$115,600 GROSS. Taxes 100% ($405 Avg). UNDER CONTRACT
CPA PRACTICE #207515 SAN DIEGO I-15 CORRIDOR
$75,068 GROSS. Spinning off of $75,068 (Seller keeping $43,000 3 Trusts, Personal friends, Family). Taxes 89% ($488 Avg); Bookkeeping 6%; Misc. consulting 5%. Estab. 20 yrs. Bills @ $180/hr. Drake user. Lease expired 5-31-15 so practice may be relocated (within reason). Terms, Guarantee and Transitional Assistance.
THIS MARKET IS HOT WITH MULTIPLE
OFFERS ON MOST PRACTICES. MOST RESULT IN HIGHER BIDS AND SALE PRICES. ALL PRACTICES HAVE LIMITED GUARANTEE PROVISIONS.
PLEASE CALL TO DISCUSS YOUR PLANS, SITUATION, TIMING.
BUSINESS BROKERAGE, INC. SPECIALIZES IN SALES, MERGERS AND ACQUISITIONS OF:
- CALIFORNIA TAX PRACTICES
- CALIFORNIA E.A. PRACTICES
- CALIFORNIA BOOKKEEPING PRACTICES
- CALIFORNIA ACCOUNTING PRACTICES