Torrance

Overview

CPA firm for sale in Torrance, CA. This firm was established by the Seller in 1983 and has been operating in its current location for 23 years. Seller would like to stay for 1-3 years if needed. Office staff includes a part-time Office Manager and a part-time Bookkeeper that are also interested in staying on. Approximately 40% remit their documents electronically, while 30% mail-in and 25% drop-off, with the remaining 5% preferring to come in for an appointment. Firm provides tax services to multiple, high net worth individuals and entities, with real estate being the most common client base. Practice is relocatable, within a reasonable distance, for best client retention. Firm generates gross revenue of $427k from 103 Individuals with an average fee of $1,535, plus 126 Entities (see breakdown below) with an average fee of $2,048 with another $61k in bookkeeping, planning and consulting work. Practice uses Lacerte for tax preparation as well as Timeslips, File in Time and QuickBooks. The clientele will transition best to an EA or CPA with a strong background in tax, along with excellent technical and interpersonal skills. Much more information is available on the Practice Profile. Please log-in to your account for immediate access including the ability to download the Practice Profile pdf and update your distance preference.

If you don’t have an account please complete the Buyer Profile and NDA online (It will take less than 2 minutes). 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 reset password) and download this profile.