CALIFORNIA

$185,000 - EA firm for sale in Escondido, CA. ref# ESC124. The Seller is very much looking forward to retirement but will stay on a limited basis to ensure a smooth transition. In addition to the EA Seller there is 1 part-time staff member who will not stay after the sale. Approximately 30% of clients will come in for an appointment, 20% will drop off, 30% mail-in while the remaining 20% will remit their documents electronically. The current office space is located on the 2nd floor of a professional office building situated near downtown Escondido with a lease ending on 12/31/24. The space and expenses are currently shared, with each tenant paying half. After the lease ends, the office can continue to be shared, if the Buyer is interested or, the other tenant will move to a separate space. If the office is not retained by the Buyer, keeping a location within the area around Escondido (between San Marcos, Scripps Ranch and Valley Center) is ideal for client retention. In 2023, the practice generated a gross revenue of $162k from 375 Individuals with an average fee of $344 and 24 Entities with an average fee of $510, with $20k in bookkeeping which include payroll services provided. Practice currently uses Drake for tax preparation as well as QuickBooks and TAME Software. The clientele will transition best to an EA or CPA with a strong background in tax and accounting, should be able to communicate clearly and will be willing to assist with financial guidance, both personal and professional. 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