San Francisco Bay Area Accounting Practice - Se...

San Francisco East Bay Area, CA


Asking Price: Annual Revenue:
$300,000 $316,000

Services: Financial, Accounting, Insurance


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RE: San Francisco Bay Area Accounting Practice - Se... Broker: William Mitchell
License #: 01898324
Owner Financing is Available!

Quick Facts

Asking Price: $300,000
Annual Revenue: $316,000
Net Profit: Not Disclosed
Cash Flow: $74,000
Total Debt: Not Disclosed
FF&E: $5,000
Real Estate: Not Disclosed
Year Established: 1983
Employees: 5
BBN Listing #: 973638444
Broker Reference #: OAKLACA001-N251

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Business Overview:

Well-established San Francisco Bay Area accounting practice, focusing primarily on tax return preparation for small to mid-sized businesses as well as for individual tax returns. Revenues in 2019 were about $316,000 from about 260 clients. Almost two thirds of the clients have been with the firm for at least five years. This practice is available for sale as it presently exists with a staff of 3 full-time and two part-time employees or an existing practice could acquire the clients. The current owner is a CPA, but this business could be operated by an Enrolled Agent. The current owner has limited involvement in the firm due to health reasons and it is managed by a person willing to stay or leave as a new owner wishes. If a new owner assumes the manager’s position, the net profits could more than double.

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Property Features and Assets:

Real Estate License ID: 01898324

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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