Asking Price: $950,000 Gross Revenue: $872,000Cash Flow: Not DisclosedEBITDA: $467,000Inventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Well established 2 Partner CPA firm for sale in Susanville. This Primarily Tax focused firm uses Lacerte for individual and entity filings. Practice consists of approximately 725 tax clients with an individual average fee of $640 and an entity average fee of $1,500, along with bookkeeping and a handful of compilations per year. Revenue is 70% Tax and 30% Accounting. Practice currently generates $872k of gross revenue with approx. 467k of net profit. Seller owns the office building and will consider selling the building if buyer desires. Seller financing available on Practice and Building. Firm is filled to capacity and has a waiting list of clients.
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