Transworld® Business Advisors of Palo Alto is part of an international network of independently-owned teams of business intermediary professionals, providing business brokerage, franchise consulting, and franchise development. Our brokerage services successfully connect buyers and sellers of existing independent and franchise businesses; our franchise consulting gives entrepreneurs access to more than 200 pre-screened opportunities; and, the franchise development service assists people in growing their businesses through franchising. Transworld® Business Advisors has over 30 years business brokerage and franchise experience, and has assisted thousands of people in the purchase and sale of businesses. We are part of the United Franchise Group family, including Sign-A-Rama, EmbroidMe, and SuperGreen Solutions. With more than four decades as an entrepreneurial manager, our managing broker Tim Cunha has developed, owned, managed, and sold businesses in various fields, including computer hardware and software development and manufacturing, graphic art and engineering instrument manufacture, technical publishing, defense contracting, bio-tech/pharma, wholesale distribution, and retail. Prof. Cunha has a BA from Rutgers and a JD from Georgetown, is licensed to practice law in New Jersey, and is a licensed California real estate broker (DRE # 01919755). Prior to Transworld, he taught undergraduate and MBA students on the faculty of the College of Business at Eastern New Mexico University.
* Terms available * This opportunity consists of two practices that can be acquired simultaneously with attractive economies of scale. * These practices were established in 1976 * Software in use includes Lacerte, CFS, Paysoft, QuickBooks, Timeslips, Office 2003 and 2010, and Lacerte DMS for client record storage. *The breakdown of revenue is as follows: $525,828-----Tax Return Preparation $221,766-----Write up/Bookkeeping $14153-------Audits $17,112------Consulting $100,000----Payroll Processing $1,362-------Pension & Gift Tax
*Terms available *Owner is a CPA *Practice started in Southern California in June 1976 *Software: Quick Books, Lacerte, Timeslips Checkpoint, Lacerte DMS *Two office locations, Bishop and Mammoth Lakes *Individual tax returns, 418 average $445 (YTD 2015 373 returns, average 453) on pace to do 415 *Corporation tax returns, 81 average $820 YTD 69 average $732) on pace to do 96 *Partnership tax returns 39 average $595 (YTD 27 average $595) on pace to do 42 *Fiduciary tax returns 11 average $470 (YTD 11 average $307) all complete *Non/Profit tax returns 4 average $470 (YTD 3 average $400) one more to complete in 2015 *Write up and Payroll $31,000 (YTD 2015 $18,100) *Audits $14,000 (YTD $14,000) *YTD information is through 7/31/2015
* Terms Available * The owner is a CPA * This practice was established in 1984 * Software in use includes Lacerte, CFS, Paysoft, QuickBooks * Approximately 34 bookkeeping clients, generating $13,493 of the gross revenue * Approximately 500 individual tax returns with an average fee of $346 per return * Approximately 80 business tax returns with an average fee of $1,088 per return * $100,000 +/- is payroll processing * $12,000 +/- is consulting and a review * There are two office locations, one in Bishop and another in Mammoth Lakes
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