Practice for Sale
State: California - Northern
County: San Francisco
City: San Francisco
Status: Sold
Annual Gross: $1,083,000
This tax practice was started from scratch in 1980 and has grown steadily since through word-of-mouth and referrals. It is an incredibly profitable business with $901,000 in net income in 2018 with significant and immediate cash flow as the practice requires payment prior to filing returns. This is a very clean and turn-key business based on some core principles: 1) book smart, streetwise, and financially savvy; 2) ability to translate tax code into plain English for clients; 3) ability to work with a range of clients, including many self-employed; 4) perhaps most important is being highly responsive to emails and calls from clients everyday. The seller plans to leave the tax and accounting industry to pursue other interests, but will be available to assist the buyer through a reasonable transition.
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