CALIFORNIA

$350,000 - CPA firm for sale in Los Gatos, CA. This Partnership was established in 1985 and has been operating at its current location for over 13 years. The Sellers are looking forward to retirement but are willing to stay on as needed to ensure a smooth transition. The firm is currently operated solely by the Sellers with no additional staff. The office space will need to remain where it is as the office is ideal for the type of client base that is to be retained. Approximately 3% of clients currently come in for an appointment while 10% drop off documents and the remaining 87% either mail-in or remit electronically. This firm provides bookkeeping, accounting and tax services to multiple high net worth individuals and entities. The gross revenue of $275k is derived from 75 Individual tax returns with an average fee of $1,515 plus 33 Entity returns with an average fee of $2,122 and $91k of monthly and year-round bookkeeping. Practice currently uses Lacerte for tax preparation as well as QuickBooks, Timeslips, and BNA Software. The Seller is looking for an experienced EA or CPA with a strong, established background in tax preparation and accounting work while being able to exhibit sincerity as well as a personal touch with the client’s affairs. 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