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Online Canadian Virtual Bookkeeping and Tax Practice
Listing #
AB1063
Location
Alberta
Annual Revenue
$245,000
Asking Price
$325,000
Type
TAX BOOKKEEPING COMPILATION
| Presented by: |
 |
| Sonia Albert |
| Toll Free: 877-606-8622 |
 |
| Alan Liverman |
| Office: 514-819-8088 |
Description:
Alan Liverman is pleased to present:
•A Calgary Alberta, Canada based VIRTUAL bookkeeping and tax practice. Buyers must be familiar with Canadian GAAP and various Provincial and Federal tax laws
•Sale structure: share sale
• 2023 gross revenues were $253,584 an increase over 2022 which were $180,926
•Practice has seen very fast growth since inception
•Steady monthly revenue stream
•Currently 42 bookkeeping clients at an average fee of $4,000 pa; 20 corporate T2 clients at an average of $1,000 per T2 and 112 personal T1 clients at an average of $185 per T1
• Software in use: QBO, QBDT, Dext, Plooto, iFirm Cantax, Wagepoint
• Incorporated in 2017 by two partners
•No premises, 1 F/T and 2 P/T (year around) bookkeepers working remotely in regular contact with clients and willing to remain with the buyer. Staff require very minimum supervision hence extremely low owner hours.
•Owner is not designated, one employee is a CPA, CA
•A Calgary Alberta, Canada based VIRTUAL bookkeeping and tax practice. Buyers must be familiar with Canadian GAAP and various Provincial and Federal tax laws
•Sale structure: share sale
• 2023 gross revenues were $253,584 an increase over 2022 which were $180,926
•Practice has seen very fast growth since inception
•Steady monthly revenue stream
•Currently 42 bookkeeping clients at an average fee of $4,000 pa; 20 corporate T2 clients at an average of $1,000 per T2 and 112 personal T1 clients at an average of $185 per T1
• Software in use: QBO, QBDT, Dext, Plooto, iFirm Cantax, Wagepoint
• Incorporated in 2017 by two partners
•No premises, 1 F/T and 2 P/T (year around) bookkeepers working remotely in regular contact with clients and willing to remain with the buyer. Staff require very minimum supervision hence extremely low owner hours.
•Owner is not designated, one employee is a CPA, CA
•Very high Google ratings
•Significant room to grow this virtual practice by the right buyer
•Significant room to grow this virtual practice by the right buyer
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