CPA firm for sale in Los Gatos, CA. The Firm’s clientele are primarily located in the Los Gatos area, and maintaining an office nearby is important, despite most clients working with the Firm remotely. The Seller currently operates a non-accounting financial services business out of the same location and is open to sharing or renting a private office to the Buyer. Approximately 70% of clients submit their documents electronically, 1% by mail, 9% drop-off, and about 20% prefer in-person appointments (roughly 35 clients total). The Firm’s clients are primarily individuals with complex California-based tax returns. Gross revenue of $343k is generated from 171 individual tax returns with an average fee of $1,472, plus 34 entity returns with an average fee of $2,032, along with $22k from tax planning and estimate consulting. The Firm is operated by one full-time CPA who is looking to retire, supported by a seasonal part-time administrative employee (who is not likely to continue with the buyer) and remote data-entry personnel. The outsourced remote personnel can continue with the Buyer if they wish to maintain similar operations. The clientele will transition best to a CPA with a strong background in California tax, who is technologically driven and comfortable working with clients remotely. This individual should be highly responsive to clients and familiar with common tax issues for individuals living in the area. Due to current operations and competitive considerations, a Buyer who provides financial advisory services is not a good fit for this Firm. Practice currently uses Lacerte for tax preparation along with SmartVault. 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