Hot Listing

100% owner financing for qualifed local CPA with 15 years experience

Asking Price$1,500,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,200,000

InventoryNot Disclosed

FF&ENot Disclosed

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Hot Listing

100% owner financing for qualifed local CPA with 15 years experience


Asking Price$1,500,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,200,000

InventoryNot Disclosed

FF&ENot Disclosed


Seller Financing Available
Business Description
Westwood, Westside Los Angeles, High Quality CPA Practice for Sale.
Well established and well known, high quality sole practitioner CPA located in Westwood on the Westside near UCLA is retiring after 40 years. Looking for a local CPA with at least 10 years solid experience in tax and accounting practice to take over business in January 2026. Seller may stay for couple of years with the buyer for smooth and hassle free transition to maximize clients retention.

Practice uses Lacerte for tax preparation, QuickBooks for accounting services, JetPack for practice management and SmartVault for clients portal. Practice completes approximately 150 Individual tax returns, 250 LLC's and partnership tax returns, and 100 corporate and other tax returns generating over $1,000,000 in tax services. There are few small clients bookkeeping and accounting services generating over $ 200,000 in accounting services. Most clients upload tax documents to portal. There are hand full of clients who come to office once a year. Office is located in class A building on Wilshire Blvd. near UCLA. Office lease will expire June 2028.

Seller will prefer a buyer who is a local California CPA and has an existing established business and well staffed with capacity to take on new acquisition. THIS IS NOT PASSIVE BUSINESS INVESTMENT. Seller will guarantee first year's gross revenue. Seller may also consider a local California CPA with at least 10 years in public accounting as a partner to manage and run entire practice.

FOR FASTER RESPONSE CALL 424-832-7801 OR EMAIL WILLIAM@WILLIAMMAHANIANCPA.COM
About the Business
Years in Operation
38
Employees
3 (3 Full-time)
Facilities & Assets
Purchase price includes some office furniture.
Market Outlook / Competition
Located on the Westside of Los Angeles, near UCLA in Westwood. High net worth clients from Beverly Hills to Santa Monica. Long time established business clients relation with regular referrals.
Opportunities for Growth
Potential to expand business and staff, and increase fees and revenue.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,000
Rent
$4,000.00 per month
Lease Expiration
8/3/2028
About the Sale
Seller Motivation
Seller is retiring after 40 years in business.
Transition Support
Seller may stay for two years to assist the new buyer in transition and training. Buyer must be a California local CPA with at least 10 years of solid tax and accounting practice experience. Buyer must have ability to prepare accurate financial statements, complete complex tax returns, and manage day to day business operations.
Financing Options
Seller may consider taking a note for 2 years at 5% with 50% down payment.
Listing Info
ID
2433548
Listing Views
606
Business Location

Contact Seller

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Business Listed by: WILLIAM MAHANIAN

Listing ID: 2433548 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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