Milpitas CPA Practice For Sale

Milpitas, CA (Santa Clara County)

Milpitas CPA Practice For Sale

Asking Price:$1,000,000

Cash Flow:N/A

Gross Revenue:$1,200,000





Milpitas CPA Practice For Sale

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Business Description

• 80% of clients speak Chinese
• This practice was established in 2000
• Approximately 250 bookkeeping clients, generating $400,000 of the gross revenue
• Approximately 320 individual tax returns with an average fee of $500 per return
• Approximately 220 business tax returns with an average fee of $1,000 per return
• Approximately 220 other tax returns with an average fee of $1,000 per return
• $200,000 +/- revenue is generated via Set up of Private Foundations and Paralegal work
• Annual Cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $650,000
• Lease expires in July 2018

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Sherif Boctor

Business Listed By:
Sherif Boctor

Accounting Practice Sales

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