Practice for Sale

State: California - Southern

County: Orange

City: Tustin

Status: Sold

Annual Gross:  $277,000

This bookkeeping, accounting and tax practice was started in 2000 and has a diverse client base, including individuals, small businesses, corporations and partnerships. Approximately 34% of total revenue comes from accounting and bookkeeping services, 50% from tax preparation and representation and the balance from consulting and payroll. The seller has been operating the practice on a semi-absentee basis so a full-time owner operator could reduce labor costs and increase the profit margin significantly. The seller wants to retire but will be available to stay on to ensure a smooth transition.

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