Practice for Sale

State: California - Northern

County: Santa Clara

City: Santa Clara

Status: NEW

Annual Gross:  $337,000

This tax and accounting practice has been operating out of its current location since 1989. Most of the service and revenue is tied to tax compliance (planning, consulting, and preparation) with good average fees of: $635 on 1040 returns; $1,815 on 1120/1120S returns; and $1,094 on 1065 returns . Most clients are individuals with small businesses and/or rentals as well as some corporations and partnerships in the mix. With just under 50% of revenue going to the sellers' discretionary earnings, acquisition of this practice should make a great addition to an existing practice or a great starting point if you are looking to shift your CPA career into practice ownership. The sellers plan to pursue other personal and professional interests after selling, but will be available to assist the buyer through transition as needed.

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