Modesto CPA Practice For Sale

Modesto, CA (Stanislaus County)

Modesto CPA Practice For Sale
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Asking Price: $1,450,000

Cash Flow: N/A

Gross Revenue: $1,230,000

EBITDA: N/A

FF&E: $0

Inventory: N/A

Established: N/A

Modesto CPA Practice For Sale

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Business Description

• This is a two-partner firm. Both partners are ready to retire.
• This practice was established in 1988
• Software in use includes UltraTax, Quickbooks, RIA, BNA, CFS
• Approximately 126 bookkeeping clients, generating $445,307 of the gross revenue
• Approximately 508 individual tax returns with an average fee of $895 per return
• Approximately 44 business tax returns (1120s) with an average fee of $2,375 per return
• Approximately 33 business tax returns (1041s) with an average fee of $1,405 per return
• Approximately 44 business tax returns (1065s) with an average fee of $3,400 per return
• Approximately 15 other tax returns with an average fee of $1,424 per return
• Annual earnings including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $500,000+
• Lease expires on 12/31/19 with one 5 year-option

Detailed Information

Location:
Modesto, CA
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Maria Wasserman

Business Listed By:
Maria Wasserman

Accounting Practice Sales


Sponsoring Broker:
Accounting Practice Sales

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Ad#:1255175

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