Calgary, AB CPA, Accounting, Bookkeeping & Tax Practice for Sale
 New
Listing #: AB5205
Location: Alberta
Type: CPA TAX BOOKKEEPING COMPILATION
Annual Revenue: $425,873
 Asking Price: $525,000
Presented by:
Sonia Albert
Toll Free: 877-606-8622
 
Alan Liverman
Office: 514-819-8088
Description:
Alan Liverman is pleased to introduce:
  • Well established CPA, Accounting and Tax practice with overall revenues:
    • Compilations, accounting services and corporate tax – 82% of revenue with 148 corporate clients generating $330,000 of revenues.
    • T1s – approximately 16% of revenue with 255 clients averaging $245 per return.
    • Other services approximately 2% of revenue.
  • Excellent above average cash flow to owner
  • Practice established in1992.
  • Diverse scope of industries served, with a large concentration on medical clinics and doctors.
  • Approximately1,628 square feet of  office space in a professional building  including private offices, kitchen and boardroom and storage facilities, very clean and quiet environment with ample free parking.  Monthly rent is $3,500, lease assumable and expiring in December, 2025.
  • Team consists of owner (CPA) (full time), one full time employee for year ends; bookkeeping is outsourced as is the receptionist. Other than the owner all are available to continue with the buyer.
  • Seller will be available for an orderly transition in order to ensure a smooth transition to the new owner.  
  • Software in use: use CaseWare, Profile, QB Online & Desktop, MYOB
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