Practice for Sale
State: California - Northern
City: Santa Rosa
Annual Gross: $180,000
This CPA practice was founded in 2001 and primarily provides tax compliance and preparation services. This is a very profitable practice with strong average fees ($722 on 1040's... $2,047 on 1120/S... $1,474 on 1065's). The tax software is Lacerte.
The owner started another business in 2009 and plans to focus entirely on that endeavor with the sale of this practice. There are some synergies and a strong opportunity for the owner and buyer to work together or at least refer business once the transaction is complete, which should increase the buyer's long-term return on this acquisiton. Regardless, the owner will be available to assist the buyer through a reasonable transition.
We have a detailed report on this practice that will answer most of your initial questions, so contact us if you would like to know more about this opportunity.
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