Established CPA Practice for Sale in Capitola, CA

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Financial Details

Asking Price:
$875,000
Annual Revenue:
$690,000
Cash Flow / SDE:
$375,000
Valuation Multiple:
2.3x
Location:
Capitola, CA, US
Sources:
Date:
May 07, 2025

Key Highlights

- Established CPA practice for sale in Capitola, CA, founded in 1988.
- Generates approximately $38,000 in bookkeeping revenue and processes 340 individual and 112 business tax returns.
- Annual cash flow reported as $375,000 (2024) with remote service capabilities and month-to-month lease.

Description

Established CPA practice for sale in Capitola, CA. The practice was established in 1988 and utilizes Thomson Reuters software. The practice generates approximately $38,000 in annual revenue from bookkeeping (12 clients), $4,500 from Audit & Review, and processes approximately 340 individual tax returns, 112 business tax returns, and 49 other tax returns. The annual cash flow is reported as $375,000 (2024). Clients can be serviced remotely. Month to month lease.

Industry Information

Industry Description:
Financial Businesses for Sale
Classification:
Financial Services

Listing Details

Listing ID:
1466939b-1420-416f-a7e6-82315bd3cdc8
Deal Status:
For Sale
Date Posted:
May 07, 2025
Last Updated:
May 26, 2025
Currency:
USD

Features & Tags

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