Established CPA firm for sale in Vista, CA. This sale represents 100% of the business, and the Seller is looking to reduce their workload while beginning to plan for retirement. The Seller is open to working with the Buyer on a part-time basis over the next year or two to assist with workload, client transition, and overall continuity.
The Gross revenue of approximately $261,000 is generated from 294 individual 1040 clients with an average fee of $529, plus 95 entity tax returns with an average fee of $1,064. The firm also provides limited monthly accounting services to approximately 2 to 3 clients on average. Seller discretionary earnings are approximately $187,000 after adjusting for rent, due in part to the low overhead structure of the firm.
Approximately 40% of clients submit documents electronically, while 30% drop off their documents, 25% come in for appointments, and 5% mail in their information. Client interaction is typically handled by phone, email, and sit-down appointments. The firm is currently located in Vista, CA, and the office space may be available for the Buyer to assume if they need a local office. The practice can also be relocated from Vista, although maintaining a physical location somewhere along the 78 corridor is best for client retention.
The Seller employs one administrative assistant who is willing to assist with the transition or retire after closing, depending on the Buyer’s needs. The Seller is hoping to find a technically strong, experienced, sociable, and ethical CPA Buyer who will take good care of the clients and continue providing the high level of service they have come to expect. The practice currently utilizes Lacerte and QuickBooks.
Much more information is available on the Practice Profile, including a more in-depth breakdown of the staff & financials. 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.