Practice for Sale
State: California - Southern
County: Los Angeles
City: West Los Angeles
Annual Gross: $146,000
This opportunity is a carve out of a CPA practice in West Los Angeles. The Seller has changed their business model to focus on clients who require multiple engagements during a calendar year. The 142 clients who would be transferred all require just a single annual engagement and do not fit the new model. So, the Seller is looking for a good new "home" for these clients where their needs can be met.
The clients are a mix of individuals, single member LLCs, corporations, and partnerships. A majority have been clients for a long time and, as you may infer from the $146,000 generated from 142 clients, the average fees are competitive in the market. Acquisition of this book of business 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 seller plans to be a referral source to the buyer for any additional clients who come to him and require just a single annual engagement.
We will have a report on this book of clients early next week that will answer most of your initial questions, so please contact us if you would like to learn more about this opportunity. If this is not for you but you know someone who may be interested, please pass this information along.
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