• The owner is an EA
• Staff of 3 full time bookkeepers willing to stay on
• Over $400,000 in reoccurring revenue
• Centrally located in the Oakland/San Francisco corridor (580/880)
• This practice was established in 2007
• Software in use includes ACT Tax, CFS, AME, ADP, QuickBooks
2024 generated revenue as follows:
• Approximately $361,000 in annual revenue, via bookkeeping (129 clients)
• Approximately 470 individual tax returns with an average fee of $373 per returnApproximately 67 business tax returns with an average fee of $1504 per returnApproximately 24 Other tax returns with an average fee of $713 per returnApproximately $165,000 in payroll (95 clients)
• Approximately $77,000 in other services
• Approximately $13,000 in audit/review
• Approximately $41,000 in Compilation
• Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $454,251 (2024)
• Lease expires in 2028 (5-year lease)
Ad#:2145679
