Norwalk CTEC Practice For Sale

Norwalk, CA (Los Angeles County)

Norwalk CTEC Practice For Sale

Asking Price:$250,000

Cash Flow:N/A

Gross Revenue:$196,900

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:N/A

Norwalk CTEC Practice For Sale

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Business Description

• The owner is a CTEC
• This practice was established in 2004
• Software in use includes Sage 50 US Quantum (Peachtree); Proseries by Intuit; Refund Advantage; and MS Office
• Approximately 35 bookkeeping clients, generating $ 121,100 of the gross revenue
• Approximately 390 individual tax returns with an average fee of $115 per return
• Approximately 45 business tax returns with an average fee of $415 per return
• $ 13,500 +/- revenue is generated via corporate filing, special projects, and payroll services.
• Annual earnings including owner's salary and benefits, personal vehicles and any other non-operational expenses of
the business: $96,000
• Lease expires in Sept 2016, then month-to-month, with easy renewal for the new owner

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Sherif Boctor

Business Listed By:
Sherif Boctor

Accounting Practice Sales

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