Torrance CPA Firm for Sale

Sale Pending

Asking Price$1,300,000

Cash Flow
$590,765
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,128,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Torrance CPA Firm for Sale


Sale Pending

Asking Price$1,300,000

Cash Flow
$590,765
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,128,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
CPA firm for sale in Torrance, CA. ref # TOR125. This long-standing and highly respected practice has been serving the South Bay area since 1996 and now the Seller would like to plan for retirement. The Seller is open to a structured transition and limited post-sale involvement for up to 1-2 years. Roughly 35% of clients remit their documents electronically while 20% like to come in for an appointment, 20% drop off their documents, and the remaining 25% mail. In 2024, the firm grossed approximately $1.13 Million in revenue, generating $590k net seller discretionary earnings, from a diverse mix of services including tax preparation, accounting and bookkeeping. Revenue sources include nearly 950 Individual tax returns with an average fee of $700, approximately 296 Entity Returns averaging $881 per return, plus limited after-the-fact payroll, Accounting and Bookkeeping services generating $202,676 of revenue. The firm operations are supported by an experienced team of 2 FT and 3 PT employees, some of who may remain on staff post-sale. Practice currently uses Lacerte for tax preparation as well as QuickBooks. This opportunity is well-suited for a qualified CPA or EA looking to acquire a turnkey practice in the desirable South Bay region of Los Angeles County. Much more information is available on the Practice Profile, including a more in-depth breakdown of the staff & financials.

Please complete the Buyer Profile and NDA on our website at atbcal.com/buyerprofile and the Practice Profile will be available for download immediately after submission. ATB, Inc. CA DRE 02002824
About the Business
Website
https://www.atbcal.com/torrance-2/
Listing Info
ID
2386118
Listing Views
905

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Business Listed by: Staff Accounting & Tax Brokerage

Listing ID: 2386118 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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