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Thriving Palm Springs CPA Firm Available

Own a flourishing CPA practice in the attractive market of Palm Springs, California, known for its beautiful weather, thriving tourism, and a plethora of small businesses. This well-established firm, boasting a stellar reputation, is an ideal investment for accountants seeking a lucrative business with a diverse clientele, substantial revenue, and promising growth prospects.

    • West
    • $775K
    • Accounting, Advisory, Payroll, Tax

Annual Revenue: $775K

Firm Description: Own a flourishing CPA practice in the attractive market of Palm Springs, California, known for its beautiful weather, thriving tourism, and a plethora of small businesses. This well-established firm, boasting a stellar reputation, is an ideal investment for accountants seeking a lucrative business with a diverse clientele, substantial revenue, and very promising growth prospects.

Business Details:

  • Asking Price: $930,000
  • Financing: Owner is willing to provide financing for the right buyer
  • Total Annual Revenue (last 12 months): $775,000
  • Year Joined Padgett: 2012
  • Services: Tax (61% of Revenue), Accounting (17% of Revenue), Payroll (17% of Revenue), Advisory (5% of Revenue). Mix of business and individual clients.
  • Staff: Two full-time Senior Accountants planning to remain after purchase.
  • Remote Operations: 70% of client base seen remotely. All staff are in-person.
  • Transition Support: Owner is willing to provide support during tax season for up to 5 years.
  • Office:Office space is owned by seller. Available for purchase or lease if desired.
  • Timeline: Seller is ready to move quickly; inquire soon
  • Software and Technology: Utilizes UltraTax, ACS, QuickBooks, Quicken, and ADP for seamless operations.

We encourage you to contact us with any questions.

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