Virtual Tax and Accounting Practice For Sale

Pasadena, CA (Los Angeles County)

Virtual Tax and Accounting Practice For Sale
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Asking Price: Get Financing: $415,000

Cash Flow: N/A

Gross Revenue: $310,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Virtual Tax and Accounting Practice For Sale

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Business Description

• The owner is an EA
• This practice was established in 2015
• Software in use includes Cloud-based software, QBO, QBDesktop, Xero, WaveApps
• Approximately 58 bookkeeping clients, generating $122,312 in revenue
• Approximately 202 individual tax returns with an average fee of $200 per return
• Approximately 60 business tax returns with an average fee of $802 per return
• 2017 Revenue generated by other tax returns was $87,162
• $12,420 +/- revenue is generated via (consulting, payroll, audit, etc.)
• Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $216,000
• Lease expires in N/A. Virtual office.

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Sherif Boctor

Business Listed By:
Sherif Boctor

Accounting Practice Sales

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