CPA PRACTICE #125811
PLACERVILLE, EL DORADO COUNTY
$258,000 GROSS. Taxes (76%) Bookkeeping/Payroll/Other (24%).
Very loyal client base built up over 21 years mostly by referral. Many Business Owner and Investor clients. Seller seeks to retire but will stay for transition. Guarantee.
CPA PRACTICE #124310
STOCKTON, SAN JOAQUIN COUNTY
$254,000 GROSS. Taxes 71% ($557 Avg); Accounting 22% ($3,292/yr); Consulting/Other 7%. Well run mature practice (34 yrs). Seller seeks to retire, but willing to stay for transition. Buyer also has option to purchase investment portion of the business (not included in gross nor expenses herein). Attractive office on lake. Terms & Guarantee.
CPA – TAX/BKKPG PRACTICE #122511
CHICO, BUTTE COUNTY
$225,000 GROSS Taxes 77% ($ Bookkeeping/Payroll/Other (23%) Well-established 41 years. Loyal and diversified clients. Many multi-generational. Seller would like to stay on and is willing to finance and work with buyer. Terms and Guarantee.
EA TAX PRACTICE #103712
TRUCKEE, NEVADA COUNTY
$37,521 GROSS. 100% Tax Services ($218 Avg). Ready to sell after 2012 tax season. Partners (2 sisters) retiring and moving out of U.S. possibly, so would like a quick sale to the right buyer. Terms & Guarantee.
*CPA PRACTICE #103411
SONOMA COUNTY
$33,550 GROSS. Taxes 89% ($771 Avg); Accounting 6% ($1,980/yr avg); Misc/Consulting 5%. Terms & Guarantee.
*CPA PRACTICE #102411
SEBASTOPOL
$26,107 GROSS. Taxes 40% ($1,169 Avg); Accounting 53% ($3,459/yr avg); Misc/Consulting 7%. Terms & Guarantee.
*CPA PRACTICE #101411
SAN JOSE
$$13,016 GROSS. Taxes% ($1,900 Avg); Accounting 53% ($3,468/yr avg); Misc/Consulting 3%. Terms and Guarantee.
EA PRACTICE #101612
MARIN COUNTY
$16,000 GROSS. Taxes 100% ($552 Avg). Grow your practice - add this on to yours. Seller motivated. Needs more time for kids. Available after 2012 tax season. Practice to be relocated to Buyer's location. Lacerte user.
*CPA PRACTICE #101311
SANTA CRUZ
$13,000 GROSS. Taxes 92% ($1,200 Avg); Misc/Consulting 8%. Terms and Guarantee.
* SEE NOTE AT BOTTOM
Listings as of May 5, 2012
SOUTHERN CALIFORNIA
CPA PRACTICE #223012 TORRANCE (LOS ANGELES COUNTY)
$230,000 GROSS. Taxes,Trusts & Estate returns, Court accounting, Tax audits 97%; Accounting 3%. Annual gross 2006 thru 201: $213.421; $207,323; $210,339; $199,024; $220,938; $229,504 respectively. The aforementioned gross includes Court accounting, Trusts, Estates, Tax audits from 2006 thru 2011 est. $44,056; $29,737; $47,141; $45,848; $50,000; $50,000 respectfully. Billing rate $240/hour almost 100% of billings. Practice to be relocated to Buyer's premises. Seller wants to work part-time for buyer for 3 to 5 years and teach buyer Trust & Estates. Seller will intoduce buyer to attorney referral sources. Lacerte & Quickbooks user. Buyer should be knowledgeable and experienced in Trust and Estates and be able to discuss/explain same to attorneys. Terms & Guarantee.
CPA AUDIT PRACTICE #215012 SAN DIEGO (NORTH COUNTY)
$150,000 GROSS. 100% Certified Audits and reviews ($5,769 average fee). Clients are mostly churches and HOA's. Seller is spinning off aproximately 60% of the practice due to semi-retirement and retirement of one key employee. Seller works out of home, so practice must be relocated. Plan is for the seller to introduce the buyer to all of the clients and obtain engagement letters before each client is purchased. Seller uses Quickbooks, Excel, Word and Lacerte (also sometimes the client's software). Established 20 years with same owner. Terms, guarantee of gross. SOLD
CPA PRACTICE #214312 COACHELLA VALLEY
$143,328 GROSS. Accounting 44% ($4,207/yr avg); Taxes 33% ($414 avg); HOA Audits 28% ($1,988 avg). Seller's motivation = spouse transferred. Practice has grown rapidly due to referrals and community activities. Purchase of HOA audits is optional. Lease expires 10/31/2012, so practice may be relocated (within reasonable distance). High net profit of 59%. Billing rate varies from $150/hr to $50/$60 for some services. Two part time employees available. Office and F&E may be available. Good monthly cash flow. Terms & guarantee.
*CPA PRACTICE #201311
NEWPORT BEACH
$13,004 GROSS. Taxes 30% ($960 Avg); Accounting 56% ($3,612/yr avg); Misc/Consulting 15%. Terms & Guarantee.
*ALL CLIENTS WITH * ARE OWNED BY SAME SELLER. SELLER PICKS UP NEW CLIENTS CONTINUOUSLY THROUGH SEMINARS TO VARIOUS GROUPS AND RELATED METHODS. HOWEVER, THESE OFFICES ARE A MIX OF LONG-TERM CLIENTS AND CLIENTS ACQUIRED WITHIN THE LAST 24 MONTHS. MOST CLIENTS ARE ON A MONTHLY ELECTRONIC PAYMENT AGREEMENT. SELLER DESIRES TO HAVE AN ONGOING RELATIONSHIP WITH BUYERS TO PROVIDE NEW CLIENTS, WITH YOUR COST FOR EACH NEW CLIENT CALCULATED BASED ON YOUR ANNUALIZED FEE COLLECTIONS FROM THAT CLIENT DURING THE FIRST 18 MONTHS. NOTE: SELLER IS LOCATED IN NO. CALIFORNIA AND WILL CONTACT INTERESTED BUYERS BEFORE ACCEPTING ANY OFFERS.
BBI HAS SOLD MOST OF OUR LISTINGS. THIS MARKET IS HOT WITH MULTIPLE
OFFERS ON MOST PRACTICES. MOST RESULT IN HIGHER BIDS AND SALE PRICES. ALL PRACTICES HAVE LIMITED GUARANTEE PROVISIONS.
PLEASE CALL TO DISCUSS YOUR PLANS, SITUATION, TIMING.
BUSINESS BROKERAGE, INC. SPECIALIZES IN SALES, MERGERS AND ACQUISITIONS OF:
- CALIFORNIA TAX PRACTICES
- CALIFORNIA E.A. PRACTICES
- CALIFORNIA BOOKKEEPING PRACTICES
- CALIFORNIA ACCOUNTING PRACTICES
