Sold

Los Angeles (Westside)

Los Angeles, CA

← Back to Listings

Overview

Los Angeles CPA Firm for Sale. This practice is home based and all clients are serviced remotely. The firm must be moved from its current home office and would best transition to another EA or CPA in the Los Angeles area. Firm provides tax and bookkeeping services with limited payroll for two clients. Gross revenue of $72k is derived from 31 individual returns with an avg. fee of $408, plus 7 Entities (see below for breakdown) with an avg. fee of $1,541 and $48k in Bookkeeping/Payroll/Consulting revenue. Practice uses ProSeries for tax preparation, SmartVault, CFS for payroll and QuickBooks for bookkeeping. Much more information is available on the Practice Profile. Please log-in to your account for immediate access and to download the Practice Profile pdf.

If you don’t have an account please complete the Buyer Profile and NDA online. Once that form is submitted your account will be created and you can download the practice profile immediately. If you’ve already completed the Buyer Profile and NDA then you can log-in to our website using your email and created password (or use the forgot password link) to download this profile.

Financial Highlights

CPA Firm
Annual Revenue $71,697
Annual SDE $71,697
Individual Clients 31
Ind. Avg Fee $408
Entities 7
Entity Avg Fee $1,541

Revenue Composition

Tax Prep Income $23,438
Bookkeeping Income $48,259

Gross Revenue Breakdown

Virtual Practice and Relocatable

Entity Revenue Breakdown:
1 - 1120 @ $2,485 avg.
6 - 1120S @ $1,383 avg.

Bookkeeping (Includes 2 payrolls) - $48,259

Firm is home based and must be moved. All clients are serviced virtually. Three clients mail in their documents and the reminder will email and/or upload via smart vault.

Confidential Details

Log in or register for buyer access to view the full financial package and detailed due diligence materials for this listing.