Business Description

A well-established CPA practice that uses software like Lacerte and Thompson Reuter CS Practice, located in downtown Willow Glen. The business, established in 2018, generates annual revenues of about $203,400 through bookkeeping services and $52,000 through financial statement preparation. They handle approximately 576 individual tax returns with an average fee of $1,305 per return and 232 business tax returns with an average fee of $1,610 per return. With annual cash flow totaling $777,099 in 2023, which covers owner's salary, benefits, personal vehicles, and non-operational expenses, this thriving practice is a lucrative opportunity. The lease for the space expires on April 30th, 2026, with the advantage of being conveniently located within walking distance to stores and restaurants in Willow Glen. Note that a CPA A license is required to handle the clients provided in the financial statements, but the seller is open to working with the buyer to exclude these clients if needed