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 #170814 TAX & FINANCIAL ACCOUNTING EAST BAY
$708,133 GROSS. Taxes 88% ($607 AVG), Financial Accounting 5% ($2,462 AVG) and 8% consulting. Lacerte user. 60% of clients either mail, drop off or email their information. Well established Practice (12 years). Practice is very profitable with a net of 62%. Seller is available to work part-time through the next 2-3 tax seasons. Equipment is optional. Excellent terms & guarantee. OFFER PENDING
CPA PRACTICE #148114 TAX & FINANCIAL ACCOUNTING WALNUT CREEK
$481,391 GROSS. Taxes 70% ($1,476 AVG), Financial Accounting 6% ($6,943 AVG) and 24% other. Terms& guarantee. SOLD
CPA PRACTICE TAX & FINANCIAL ACCOUNTING #132514 LOS GATOS
$325,000 GROSS. Taxes 95% ($544 AVG), Financial Accounting 3% ($1,840 AVG) and 2% consulting. Well established Practice (26 years). Practice is very profitable with a net of 86%. Practice can be relocated to the Buyer's office from Los Gatos to San Mateo or can stay at existing office. Seller is available to work part-time through the next tax season. Equipment optional. Terms & guarantee.
CPA PRACTICE #131714 CONTRA COSTA COUNTY
$317,000 GROSS. Audit 100% ($31,700 AVG), Well established firm (33 years). Seller will transition out over the next year. 70% audits already contracted for next year. Very high net of 76%. Practice must be relocated. Terms and Guarantee. OFFER PENDING
EA TAX & BOOKKEEPING PRACTICE #130514 SANTA CRUZ
$305,000 GROSS. Taxes 56% ($285 AVG) and Bookkeeping 44% ($3,355 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 #125814 GRASS VALLEY
$258,441 GROSS. Taxes 90% ($1,294 AVG); Consulting 10%. Well established (21 years). 78% Net. Terms & guarantee. CONTRACT PENDING.
CPA PRACTICE #123514 TAX & FINANCIAL ACCOUNTING--SACRAMENTO NEAR STATE CAPITOL
$235,953 GROSS. Taxes 64% ($890 AVG), Audit/Review/Compilation of Financial Statements 27% ($5,354 AVG) and 8% consulting. CCH Prosystem FX user. 60% of clients either mail, drop off or email their information. Well established Practice (34 years). Practice is very profitable with a net of 79%. Practice must be relocated to the Buyer’s office. Seller is available to work part-time through the next tax season. Excellent terms & guarantee.
EA TAX & BOOKKEEPING PRACTICE #122914 ELK GROVE, SACRAMENTO COUNTY
$229,082 GROSS. Taxes 91% ($244 AVG) and Bookkeeping and Payroll 9% ($1,135 AVG). Well-established with a diverse client base. Sellers (2 Sole Practioners) have an additional $80,000 of financial planning work available for sale. Lacerte User. Lease is optional. Practice can be relocated. Sellers are available to work part time next tax season. 61% net. Terms and guarantee. UNDER CONTRACT
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.
EA TAX PRACTICE #110714 PACIFIC HEIGHTS, SAN FRANCISCO
$107,290 GROSS. Taxes 100% ($650 AVG). Practice is well established (39 years) with a diverse client base. Very high net of 84%. Excellent rent, but can be relocated within reason. Terms and guarantee to a qualified Buyer. UNDER CONTRACT
EA PRACTICE #110614 PLACER COUNTY I80 CORRIDOR
$106,300 GROSS. Taxes 90% ($400 AVG) and Bookkeeping and Payroll (10%). Practice is 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 during the next tax season. Terms and guarantee.
CPA PRACTICE #108314 MARIN COUNTY
$101,440 GROSS. Tax 58% (AVG $1,545); Financial Accounting 42% (AVG $9,454). Practice is well established with a diverse client base. 84% Net. Seller is a Lacerte user. Seller is retiring and is highly motivated to close the sale. Practice is located in seller’s home and must be relocated to Buyer’s location within reason. Seller is offering terms and a 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 #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 #105014 SAN FRANCISCO COW HOLLOW AREA
$50,000 GROSS. 100% Tax ($500 AVG) Seller is selling off the personal tax portion of the business. Terms and a guarantee. CONTRACT PENDING.
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 November 26, 2014
CPA PRACTICE #277314 WEST L.A. (SANTA MONICA)
$773,815 GROSS. Taxes 100% ($946 Avg) Note: There is some bookkeeping embedded in the tax fees. Estab. 35Yrs. Excellent location , but practice can be relocated. Sellers (3 partners) are flexible on purchase of separate portions of the practice. Terms & Guarantee. UNDER CONTRACT
CPA PRACTICE #261814 HEMET AREA
$587,493 GROSS. Taxes 58% ($1,069 Avg); Accounting 42% ($3,835/Yr. Avg), MAS 5% ($1,803 Avg). Terms & Guarantee. SOLD
EA PRACTICE #243014 LOMA LINDA / REDLANDS AREA
$430,000 GROSS (2014 Est. Gross $430K-$450K). Taxes 69% ($228/Yr. Avg); Bkkpg 31% ($2,087/Yr. Avg). Estab. 9 Yrs. Mo-Mo. Lease. Selleravailable to work through 2015 tax season, possibly 2016 too. Excellent location with room to expand. F&E included. Terms & Guarantee.
CPA PRACTICE #237114 SOUTH BAY, LOS ANGELES COUNTY
$416,500 GROSS (2014 Est.). Motivation: Semi-Retirement. Sole Proprietor. Taxes 96% ($713 Avg), Misc. Bkkping, P/R 3%; Consulting, IRS audit 1%. Staff CPA will reduce hours. Mo/Mo rent. Estab: 30+ yrs. Clients: Mostly professionals, Dr's, attys, etc. SBA or other bank financing ok. Terms & Guarantee.
CPA PRACTICE #240314 VENTURA
$403,500 GROSS. Taxes 70% ($377 Avg); Accounting 30% ($7,947/Yr. Avg); Misc ($1,100 Avg). Lease is mo/mo. Estab. 35yrs. Clients mostly business owners, professionals. Seller prefers to close May 15, 2015. Very good monthly cashflow. Terms & Guarantee.
CPA PRACTICE #227514 BAKERSFIELD
$294,375 GROSS. Taxes 35% ($1,335 Avg.); Accounting 49% ($8,052/yr. Avg.); Certified Audits 15% ($15,100 Avg.). Seller actually does $400K plus but wants to spin off about 75% of business. Seller is flexible: Option for buyer to purchase audit clients (or seller can retain). At least one other large client is also optional and can be added to the sale ($55K) if buyer desires. Tax season hours: 9-5 weekdays, 9-3 weekends. Seller available during transition to ensure high level of retention. Lease expired 8/31/14. Very steady year around cash flow. Seller's goal is to reduce work load and stress. Terms & Guarantee.
CPA PRACTICE #228214 SAN GABRIEL VALLEY
$269,948 GROSS. Taxes 62% ($612 avg), Accounting 34% ($3,582/yr avg), Consulting, IRS audit, P/R 4%. Nets 55% overall. Terms & Guarantee. (6 OFFERS). SOLD
CPA PRACTICE #220014 SOUTH ORANGE COUNTY
$215,000 GROSS. Taxes 82% ($569 Avg); Write-up/Compilations/Reviews 13% ($1,667 Avg); Other-Litigation Support, Trustee Services (5%). Practice can be relocated. Seller available, wants to work part-time. Terms & Guarantee. (6 OFFERS). CONTRACT PENDING
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.
CTEC TAX PRACTICE #205414 VALLEY VILLAGE AREA, LOS ANGELES COUNTY
$54,555 GROSS. Taxes 100% ($335 Avg). Motivation: retirement. . Terms & Guarantee. SOLD
CPA PRACTICE #205014 PASADENA
$53,816 GROSS. Taxes 75% ($2,006 Avg); Review 19% ($10,200/Yr. Avg.); Chronically late filers 7% ($1,750 avg). One very large client (software) grosses over $75MM and has multiple offices. Requires a review and will possibly need a Certified Audit soon. All buyer prospects must be peer reviewed CPA's for Financial Statement audits. SSAE-16 experience would be a plus. Lease is mo/mo, so practice can be relocated. Established 32yrs. Possible Terms & Guarantee.
BOOKKEEPING PRACTICE #202914 LAGUNA BEACH, ORANGE COUNTY
$29,100 GROSS. Bookkeeping & P/R 100% ($2,920/yr Avg). Terms & Guarantee. SOLD
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.
BUSINESS BROKERAGE, INC. SPECIALIZES IN SALES, MERGERS AND ACQUISITIONS OF:
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