Established CPA firm for sale in Laguna Hills, California. This practice is operated by a CPA who established the firm in 1990 and is now preparing for retirement. The sale is structured as a partial sale and includes the majority of the tax and bookkeeping client relationships, while excluding certain clients that the Seller will retain or that are not expected to transfer. Revenue is primarily generated from individual and business tax preparation, along with a small monthly bookkeeping client base.

Gross revenue of approximately $184,594 is generated from 149 individual Form 1040 clients with an average fee of $468, 26 entity tax returns with an average fee of $1,894, plus $14k in tax planning, and 10 monthly bookkeeping clients that generate the remaining $51,600 of revenue.

Client interaction is mixed, with approximately 35% of clients submitting documents electronically, 25% mailing in their information, 15% dropping off documents, and 25% preferring appointments. The Seller currently lives out of state and has historically traveled to California during March for in-person appointments. The firm can be relocated outside of Laguna Hills; however, for transition and client continuity purposes, a local Orange County presence is recommended.

This opportunity is best suited for a CPA or experienced EA with strong tax and accounting experience, practical communication skills, and a commitment to client continuity. The firm currently utilizes two part-time contract data entry/bookkeeping assistants, one of whom is willing to continue with the Buyer after the sale if assistance is needed. The Seller will help the Buyer with transition and client handoff after the sale but does not wish to provide professional services after closing.

The practice currently uses Drake for tax preparation and QuickBooks for accounting and bookkeeping. Much more information is available on the Practice Profile, including a more in-depth breakdown of the staff & financials.

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