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Mammoth Lakes, CA
BUSINESS DESCRIPTION: Very busy five-bay auto repair facility nestled in the beautiful high sierras. Breath-taking views. Very well known among locals. Loyal clientele. Business works a lot with local government agencies. Reputation for honesty and fairness. Financials based on 2014 Tax Return. For additional information contact Dominic Femia 928-445-1144
* 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
Business listed by:
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