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 Acctg. 5% ($2,462 AVG); 8% consulting. Terms & guarantee. SOLD
CPA PRACTICE #151114 TAX & FINANCIAL ACCOUNTING MORGAN HILL
$511,414 GROSS. Taxes 62% ($536 AVG), Writeup and Financial Accounting 25% ($3988 AVG) and 13% other. Terms & guarantee. SOLD
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. OFFER PENDING
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. 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. 15% Guarantee of Gross Revenue.
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 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 #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.
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.
EA PRACTICE #103515 SACRAMENTO
$35,000 Gross ($482.00 AVG). Lacerte User. SOLD
Listings as of April 25, 2015
CPA PRACTICE #277314 WEST L.A. (SANTA MONICA)
$773,815 GROSS. Taxes 100% ($946 Avg) Estab. 35Yrs. Excellent location , but practice can be relocated. Terms & Guarantee. SOLD
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.
CPA PRACTICE #237114 SOUTH BAY, LOS ANGELES COUNTY
$416,500 GROSS (2014 Est.). Taxes 96% ($713 Avg), Misc. Bkkpg, P/R 3%; Consulting, IRS audit 1%. Terms & Guarantee. SOLD
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. UNDER CONTRACT
CPA PRACTICE #227514 BAKERSFIELD
$306,404 GROSS. Taxes 45% ($1,614 Avg.); Accounting 55% ($11,943/yr. Avg.). 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 #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%). Terms & Guarantee. (6 OFFERS). SOLD
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 #205014 PASADENA
$53,816 GROSS. Taxes 75% ($2,006 Avg); Review 19% ($10,200/Yr. Avg.); late filers 7% ($1,750 avg). 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:
- CALIFORNIA TAX PRACTICES
- CALIFORNIA E.A. PRACTICES
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