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Online / Remote
Well Established CPA Firm in SLO CA
Asking Price
Call/Email
Revenue
$1,500,000
Down
Call/Email
Cash Flow
$710,000
Name: Bill Richardson
Phone: Show phone number
Name
Bill Richardson
Phone
Show phone number
Description
With annual billings of approximately $1.5 million from tax preparation, tax consulting bookkeeping and payroll services, The Business provides both stability and growth potential. The practice prepares roughly 1,100 returns annually, with a client base that spans industries including real estate, construction, law, engineering, architecture, vineyards, and professional services. This diversification minimizes sector risk and ensures steady revenue.
The Central Coast market is experiencing rising demand for CPA services due to retirements in the aging CPA population, creating a unique opportunity for continued expansion. The Business’ long-standing brand, diversified client mix, and recurring revenue streams position it as a premier acquisition opportunity in California’s competitive CPA market.
Key Highlights
• Established Reputation: 20 years of proven success and community recognition.
• Annual Billings: ~$1.5 million in annual revenue.
• Recurring Revenue: $15,000/month from bookkeeping & payroll services (~$180K annually).
• Client Retention & Loyalty: Longstanding relationships across business and individual sectors.
• Market Demand: Rising need for CPA services due to retirements in the local CPA population.
• Diversification: Client base spans multiple industries, reducing sector-specific exposure.
• Work-Life Balance: Well-structured operations with stable professional staff
Acquisition Benefits
The Business offers a buyer the chance to acquire a profitable and well-established CPA firm with:
• A respected 20-year brand in a desirable California market.
• $1.5M in annual revenue with stable recurring revenue.
• Diversification across resilient industries.
• Significant growth potential due to ongoing CPA retirements in the region.
• A turnkey, professionally staffed practice with immediate scalability.
Growth & Market Position
• Steady Growth: Driven primarily by organic client referrals and reputation.
• Succession Market: Local CPA population skews older, creating strong ongoing demand.
• Strategic Realignment (2023): Shifted to a predominantly business-focused client base while maintaining individual return relationships.
Customers
Representative industries served include:
• Real Estate Development & Construction
• Contractors & Trade Services
• Law Firms & Professional Practices
• Engineering & Architecture Firms
• Realtors & Brokerages
• Specialty Oil Field Repair Services
• Vineyards & Agriculture
• Broad array of service-based businesses
According to IBISWorld as the US economy is expected to rebound gradually from current financial challenges, GDP and disposable income are projected to grow, fostering demand for professional tax services. Yet, ongoing competition from digital solutions, coupled with potential changes in tax legislation under the new administration, could shape the industry's trajectory. Overall, revenue for tax preparation service businesses in the US is forecast to creep upward at a CAGR of 1.1% in the next five years, reaching $15.3 billion in 2030.
Business Details
Year Established:
2005
Reason for sale:
Retirement
Posting Information
Posting ID:
2192996
Business Category:
Business Service
Business Types:
Accounting Practice, Payroll Service
Online Business:
Yes
Send NDA Request
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Once signed, you’ll receive access to confidential business details including the business name, address, and financials.
Posting Title
Well Established CPA Firm in SLO CA
Posting ID
#2192996
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Agent, Broker or Seller Contact
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