CALIFORNIA

$320,000 - CPA firm for sale in Manhattan Beach, CA. This single CPA firm was established by the Seller in 2000 and has been operating in its current location for 23 years. The Seller is very much looking forward to their retirement but is willing to stay on for up to a year to help with transition and provide limited client services. Approximately 10% of the clients come in for an appointment and 10% drop off their documents, the other 80% mail-in or electronically upload their documents to the Seller. The firm provides tax preparation, tax planning, after the fact payroll and write-up work to their clients. The current office space is situated in a co-working building with a lease expiration date of 1/1/2024. The lease and/or office space may be assumable as the Seller and landlord have a good, long-standing relationship but it is not required. The practice can be relocated to the Buyers office, or a new office location, but any new space should be within a reasonable distance to aid in client retention. Firm generates gross revenue of $262k from 157 Individuals with an average fee of $500, plus 63 Entities with an average fee of $2,733 and an additional $12k from other accounting and consulting services. Practice uses ProSystem FX for tax preparation as well as CFSPayroll, TaxTools and QuickBooks. The firm has been built based on reputation and word of mouth since inception. The clientele will transition best to an EA or CPA who instills confidence and is highly experienced. Much more information is available on the Practice Profile. Please complete the Buyer Profile and NDA on our website at atbcal.com/buyerprofile and the Practice Profile will be available for download immediately after submission. ATB, Inc. CA DRE 02002824