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 TAX & FINANCIAL ACCOUNTING #132514 LOS GATOS
$325,000 GROSS. Taxes 95% ($544 AVG), Financial Accounting 3% ($1,840 AVG) and 2% consulting. Terms & guarantee. SOLD
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.
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 #116115 SAN JOSE
$160,000 Gross 71% tax ($941Avg), Bookkeeping 24% ($2,021). Lacerte user. 60% of clients either mail, email or drop off their information. Seller is motivated to sell and is looking for an exceptional CPA to take over her clients. Average age of client is 40 with AGI of $269,000. Owner works part time. Very efficient practice. Well-established practice (7 years). Practice is very profitable with a net of 64 %. Practice may be relocated to the Buyer’s office (Los Gatos to Palo Alto ). Terms & Guarantee of Gross Revenue, and transitional assistance.
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.
EA PRACTICE #110614 PLACER COUNTY I80 CORRIDOR
$106,300 GROSS. Taxes 90% ($400 AVG) and Bookkeeping and Payroll (10%). Well established (25 years) with a diverse client base. UltraTax User. Excellent rent, but can be relocated within reason. Seller would like to work part-time. Terms & guarantee.
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% ($4,140 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 his financial planning and tax practice. Practice must be relocated. Seller would be available to work part time for the Buyer during the next tax season. Practice established 25 years. Furniture optional. Terms and guarantee and transitional assistance.
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 May 22, 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.
CPA PRACTICE #249215 NORTH SAN FERNANDO VALLEY
$502,000.00 GROSS. Taxes 38% ($582 Avg); Bookkeeping 39% ($1,585/yr Avg); PayRoll, MAS Consulting, etc 22%. Motivation is semi-retirement. Lease is mo/mo @ only 4% of gross (practice may be relocated or new lease negotiated). Hours: off season 5 days, 8:30-5: tax season 5 days, 9-5 plus Sat 9-3. Billing rate $275+ for owner. All bookkeeping is single entry on Creative Solutions and proprietary bookkeeping program analysis. Established 30+ years. Tax interviews pre-set. Very even monthly cash flow. Terms & Guarantee of gross revenue.
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.
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.
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 #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.
CPA PRACTICE #212115 SOUTH ORANGE COUNTY (NEAR I5 & 405)
$115,600 GROSS. Taxes 100% ($405 Avg). Tax season hours: 9-5 weekdays, 9-3 Saturday: Off season as needed. Mo/mo Lease: buyer may take over premises or relocate to buyer's office. Established 30 yrs. Motivation: Retirement. Terms, Guarantee & Transitional Assistance.
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 expires 5-31-15 so practice may be relocated (within reason). Terms, Guarantee and Transitional Assistance.
CPA BUYER FOR ANY ATTEST CLIENTS #200014
If you have any “attest” clients that you want to sell or “spin off”, call BBI. Any areas from San Francisco/Sacramento to San Diego (ATTEST ONLY).
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.
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