Ontario, CA CPA Practice for Sale

Asking Price$1,600,000

Cash Flow
$700,450
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,142,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Ontario, CA CPA Practice for Sale


Asking Price$1,600,000

Cash Flow
$700,450
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,142,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Seller will only consider CPA licensed prospects.
• The owners are CPAs. 
• This practice was established in 2007
• Software in use includes Lacerte, QuickBooks, Practice CS, GoFileRoom, ShareFile
• Approximately $120,500 in annual revenue, via bookkeeping (21 clients)
• Approximately 540 individual tax returns with an average fee of $410 per return
• Approximately 190 business tax returns with an average fee of $1,330 per return
• Approximately $549,000 in annual revenue, via audits
• Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $700,449 (2024)
• Lease expires 12/31/2026.
About the Business
Years in Operation
18
Listing Info
ID
2332549
Listing Views
1583

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Business Listed by: Hannah Boctor Accounting Practice Sales

Listing ID: 2332549 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.