Professional Practices Valuations (Accounting, Legal & Medical)

Serving Los Angeles, Orange County, Santa Monica & Southern California

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Industry Description

This U.S. industry comprises establishments of accountants that are certified to audit the accounting records of public and private organizations and to attest to compliance with generally accepted accounting practices.

Offices of certified public accountants (CPAs) may provide one or more of the following accounting services:
  • Auditing Financial Statements
  • Designing Accounting Systems
  • Preparing Financial Statements
  • Developing Budgets
  • Providing Advice on matters related to accounting

These establishments may also provide related services such as bookkeeping, tax return preparation, and payroll processing.

Benchmark Data

$1 Million - $5 Million Net Sales

  • MVIC/Net Sales: 0.98
  • MVIC/Gross Profit: 1.03
  • MVIC/SDE: 2.92
  • MVIC/EBITDA: 4.92

Statistics (Accounting Services)

  • Number of Establishments: 95,559
  • Average Profit Margin: 18.3%
  • Revenue per Employee: $232,000
  • Average Number of Employees: 6.4
  • Average Wages per Employee: $88,908

Industry Description

This industry comprises offices of legal practitioners known as lawyers or attorneys (i.e., counselors-at-law) primarily engaged in the practice of law. Establishments in this industry may provide expertise in a range or in specific areas of law, such as criminal law, corporate law, family and estate law, patent law, real estate law, or tax law.

Benchmark Data

$1 Million - $5 Million Net Sales

  • MVIC/Net Sales: 0.5
  • MVIC/Gross Profit: 0.5
  • MVIC/SDE: 3.31
  • MVIC/EBITDA: 6.01

Statistics (Law Firms)

  • Number of Establishments: 452,969
  • Average Profit Margin: 21.0%
  • Revenue per Employee: $267,000
  • Average Number of Employees: 3.4
  • Average Wages per Employee: $104,272

Industry Description

This industry comprises establishments of health practitioners having the degree of D.M.D. (Doctor of dental medicine), D.D.S. (Doctor of dental surgery), or D.D.Sc. (Doctor of dental science) primarily engaged in the independent practice of general or specialized dentistry or dental surgery. These practitioners operate private or group practices in their own offices (e.g., centers, clinics) or in the facilities of others, such as hospitals or HMO medical centers. They can provide either comprehensive preventive, cosmetic, or emergency care, or specialize in a single field of dentistry.

Benchmark Data

$1 Million - $5 Million Net Sales

  • MVIC/Net Sales: 0.67
  • MVIC/Gross Profit: 0.72
  • MVIC/SDE: 1.33
  • MVIC/EBITDA: 1.86

Statistics (Dentists)

  • Number of Establishments: 193,924
  • Average Profit Margin: 15.3%
  • Revenue per Employee: $135,000
  • Average Number of Employees: 6.3
  • Average Wages per Employee: $51,300

Valuation, Data & Brokerage Support

LA Valuations is a valuation- and data-driven advisory firm with brokerage capabilities. We support transactions, disputes, tax matters, financial reporting, and M&A execution—anchored in disciplined pricing and defensible analysis.

Professional standards: Our analyses align with USPAP, American Society of Appraisers, AICPA valuation guidance, and CFA Institute principles.

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