Santa Monica, CA CPA Practice For Sale

• The two owners are CPAs • This practice was established in 1980; partnership in 2015 • Software in use includes CCH Prosystems, Prosystems Scan & Engagement, QBO, Canopy • Approximately $267,300 in annual revenue, via bookkeeping (16 clients) • Approximately 300 individual tax returns with an average fee of $1,333 per return • Approximately 450 business tax returns with an average fee of $1,333 per return • 1 other tax return that generates $48,000 annually • Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $288,015 (2021) • Lease expires on June 2026 Location: Santa Monica, California