Chico CA CPA Tax Practice for Sale
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Financial Details
- Asking Price:
- $210,000
- Annual Revenue:
- $160,000
- Cash Flow / SDE:
- $138,000
- Valuation Multiple:
- 1.5x
- Location:
- Chico, CA, US
- Sources:
- Date:
- May 12, 2025
Key Highlights
- Established CPA tax practice for sale in Chico, CA, operating since 1978.
- Priced at less than 2X cash flow with an annual cash flow of $138,000 (including owner's salary and benefits) for 2024.
- Serves approximately 350 individual and 50 business tax returns with a month-to-month lease, ideal for expansion or new practice.
Description
Established CPA tax practice for sale in Chico, CA. Priced at less than 2X cash flow, the practice was established in 1978 and utilizes Drake software. The practice serves approximately 350 individual and 50 business tax returns, each with an average fee of $400. The annual cash flow, including owner's salary and benefits, is reported at $138,000 for 2024. The lease is month-to-month, presenting an opportunity for a local buyer to expand their existing firm or establish their own practice.
Industry Information
- Industry Description:
- Financial Businesses
- Classification:
- Financial Services
Listing Details
- Listing ID:
- 2641dfe0-48e8-44e1-97a5-f9b2f6d26789
- Deal Status:
- For Sale
- Date Posted:
- May 12, 2025
- Last Updated:
- May 26, 2025
- Currency:
- USD
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