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Profitable CPA Tax Practice

Morgan Hill, CA, USA
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Businesses For Sale | Accounting & Tax Practices For Sale

Listing ID : 2430453

Listed On October 1, 2024 View Count 6

Listing Updated October 1, 2024

Broker Listing ID:
253-23594
Price :
$290,000
Business Overview :
Gross Revenue:
$211,473
Cash Flow:
$186,304
Year Established:
1989
Accounts Receivable Included:
No
Business Location Details :
Business Location:
Leased
Rent:
$400
Lease Expiration:
01/2025
Building Size:
250 Sq. Ft.
Facility & Tenant Improvements:
This is a leased location of 250 square feet with a Total monthly rent of $400. Lease ends 01/2025 with five (5), one (1) year options. Seller is active with Hours of operation being 9am – 3pm, Mon-Fri as needed. CPA license required.
Property Details :
Terms :
Support & Training Offered:
Ninety (90) days
Reason for Selling:
Retirement
Company Overview :
Franchise Overview :
Description :

This well-established CPA tax practice in Morgan Hill, CA, offers an ideal opportunity for a sole practitioner looking to step into a profitable and stable business. Specializing exclusively in income tax preparations, this practice serves a loyal client base of 250-300 clients, generating around 400 tax returns annually. The practice handles approximately 50 business returns, and 250-300 individual returns each year, charging an impressive $325 per hour for its services. The workload is highly manageable, with full-time hours required from February to April, and the rest of the year averaging half-day commitments. This schedule provides a balanced work-life dynamic while maintaining strong revenue streams. The ideal buyer would have experience in the real estate industry and be familiar with the latest technology stack, including ProSeries tax software, QuickBooks, Microsoft Office, Dropbox, DocuSign, and Zoom. This practice is perfectly positioned for someone local to Morgan Hill, CA, who is ready to take over a well-oiled operation. The seller is committed to a smooth transition, offering exceptional support and training. Additionally, the experienced and dedicated staff are willing to continue with the new owner, ensuring continuity and stability. For further details, including a confidential opportunity summary with financials and photos, please request more information using the form on this page. Upon request, a Non-Disclosure Agreement (NDA) will be promptly emailed to you. Please contact Mike Faust at 818-810-4242 or mikef@fcbb.com

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