Established CPA Tax Practice for Sale in Novato, California

View Original Listing

Financial Details

Asking Price:
$350,000
Annual Revenue:
$294,000
Cash Flow / SDE:
$129,000
Valuation Multiple:
2.7x
Location:
Novato, CA, US
Source:
Date:
July 24, 2025

Key Highlights

- Established CPA tax practice for sale in Novato, CA, operating since 1994.
- Generates approximately $20,000 in consulting revenue, with a strong focus on individual and business tax returns.
- Annual cash flow of $129,000 reported for 2024, including owner's salary and benefits.

Description

Established CPA tax practice for sale in Novato, CA. The practice was established in 1994 and utilizes Prosystem fx software. The business generates approximately $20,000 in annual revenue from consulting services. It handles around 455 individual tax returns with an average fee of $495 per return, 57 business tax returns at $776 each, and 10 other tax returns at $441 each. The annual cash flow, including owner's salary and benefits, is reported as $129,000 for 2024. The current lease expires in August 2025 and converts to a month-to-month agreement.

Industry Information

Industry Description:
Financial Businesses for Sale
Classification:
Financial Services

Listing Details

Listing ID:
5897168a-6551-41f7-8085-60c879ffe51a
Deal Status:
For Sale
Date Posted:
July 24, 2025
Last Updated:
July 24, 2025
Currency:
USD

Features & Tags

Quality Verified This listing meets our quality criteria and standards. Verified