San Gabriel Valley CPA Tax Accounting Firm - SB...

Confidential, CA
Los Angeles County


Asking Price: Annual Revenue:
$800,000 $655,716

Services: Financial, Accounting, Insurance


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RE: San Gabriel Valley CPA Tax Accounting Firm - SB... Broker: Gregory Michail
License #: 01988948

Quick Facts

Asking Price: $800,000
Annual Revenue: $655,716
Net Profit: Not Disclosed
Cash Flow: $275,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1976
Employees: 6
BBN Listing #: 610749538
Broker Reference #: PASADCA001-N1856

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Business Overview:

This 30+ year established Certified Public Accounting practice is widely known for its reliable and top-notch monthly bookkeeping, payroll and tax preparation services. A high-performance office staff, with the ability to work remotely, handles most of the client service contact, helping alleviate dependence on the owner. The practice helps serve affluent families and businesses in and around the communities of Pasadena/SGV/Los Angeles. In 2021 the business generated $655,716 in sales revenue and produced $275,000 Seller’s Discretionary Earnings (SDE) for its Owner. Among the value-adds for the business, this opportunity offers the following: Complete and turnkey operation due to experienced staff and systems in place A majority of the business clients are in a specialized industry, allowing an acquiring firm to expand marketing efforts to this large industry or cross-sell other services to the newly acquired clients. Month-to-month lease of the current office allows flexibility for a strategic buyer to absorb staff into their current office and lower overhead expenses. Current ownership seeks an accomplished CPA to purchase and run the company while preserving its mission-driven care culture. Seller is willing to provide 4 weeks of training post-close to new owner. Disclaimer: The information has been supplied to the Broker by the Seller. Sunbelt Business Brokers Pasadena Expressly Disclaims any and all liability for the representation of the warranties, express or implied, contained in such information or for omission from them. Sunbelt Business Brokers Pasadena believes the information to be correct but has not verified or checked it. Any agreement or decision by the buyer to pursue a transaction regarding this business should be based on further investigation by the buyer. For more information, please contact Greg Michail at (415) 438-0202 or at gmichail@sunbeltnetwork.com.

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Property Features and Assets:

Real Estate License ID: 01988948

Reason for Selling:

Retire

Additional Details:

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

Relevant Links:

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