Oakland, CA EA Practice for Sale

Asking Price$1,200,000

Cash Flow
$454,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$955,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Oakland, CA EA Practice for Sale


Asking Price$1,200,000

Cash Flow
$454,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$955,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
• 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)
About the Business
Website
https://accountingpracticesales.com/united-states/west/california-north/19329-Oa
Listing Info
ID
2145679
Listing Views
1831

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Business Listed by: Hannah Boctor Accounting Practice Sales

Listing ID: 2145679 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.