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Calgary, AB CPA, Accounting, Bookkeeping & Tax Practice for Sale
SOLD
Listing #: AB5205
Location: Alberta
Type: CPA TAX BOOKKEEPING COMPILATIONS
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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