Sherman Oaks, CA EA Practice for Sale

Sale Pending

Asking Price$780,000

Cash Flow
$223,400
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$735,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Sherman Oaks, CA EA Practice for Sale


Sale Pending

Asking Price$780,000

Cash Flow
$223,400
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$735,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
• The owner is an EA
• This practice was established in 1987
• Software in use includes Lacerte & QuickBooks
• Approximately $95,500 in annual revenue, via bookkeeping (120 clients)
• Approximately 1,188 individual tax returns with an average fee of $289 per return
• Approximately 225 business tax returns with an average fee of $644 per return
• Approximately $127,600 in annual revenue, via payroll and other services
• Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business:  $223,394 (2023)
• Lease expires August 31, 2025. Space includes a lobby, five private offices, three in bullpen back room, file room, server & copy room, kitchen. There are also 6 parking spots.
About the Business
Years in Operation
38
Website
https://accountingpracticesales.com/united-states/west/california-south/19116-Sh
Listing Info
ID
2174364
Listing Views
1691

Contact Seller

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Business Listed by: Hannah Boctor Accounting Practice Sales

Listing ID: 2174364 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.


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