Profitable CPA Practice for Sale in Santa Cruz, CA
Financial Details
- Asking Price:
- $600,000
- Annual Revenue:
- $359,451
- Cash Flow / SDE:
- $295,604
- Profit Metric:
- SDE
- Valuation Multiple:
- 2.0x
- Location:
- Santa Cruz, CA, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This is a well-established and profitable CPA practice located in Santa Cruz County and the Monterey Bay area, a region experiencing a shortage of qualified CPAs. The business serves a strong client base of high-net-worth individuals and small business owners who value expert, on-time tax preparation and financial advice. The current owner is turning away new clients, highlighting significant growth potential for a new CPA. The practice was established in 1983 and currently operates as an S Corporation. Key services include tax preparation (85% of revenue) and consultation (15%). The practice utilizes software such as QuickBooks, MS Office, Ultratax, and Smart Vault. The owner is a CPA and is willing to stay on for 1-2 years during tax season or as needed to ensure a smooth transition. Seller financing may be available for a qualified buyer.
Industry Information
- Industry Description:
- Accounting, Tax Preparation, Bookkeeping and Payroll Services
- Classification:
- Financial Services
Operational Snapshot
- Year Established:
- 1983
- Reason for Selling:
- Slowdown
Real Estate & Lease
- Status:
- Leased
- Lease Expiration:
- 2025
Broker Contact
- Name:
- Rex Walters
- Company:
- Coast Business Brokerage, Inc.
- Email:
- [email protected]
- Phone:
- 831-239-2080
Listing Details
- Listing ID:
- 6173fe4e-fac6-4fde-9b15-cebf7e88ea9b
- Source Listing ID:
- C4311
- Deal Status:
- For Sale
- Date Posted:
- July 21, 2025
- Last Updated:
- September 15, 2025
- Currency:
- USD