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New
Calgary, Alberta, Compilation, Bookkeeping, Accounting and Tax Practice For Sale
Listing #
AB5625
Location
Alberta
Annual Revenue
$1,554,000
Asking Price
$1,950,000
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 introduce:
•Very successful well-established compilation, accounting, bookkeeping and tax practice with an excellent reputation.
•Firm has been in existence since 2007
•Owners are not designated
•Service breakdown: Bookkeeping/Compilations-85% (670 corporate clients); Personal tax-15% (500 Personal clients at an average billing of $300)
•Diverse scope of industries served, primarily small businesses
•Very successful well-established compilation, accounting, bookkeeping and tax practice with an excellent reputation.
•Firm has been in existence since 2007
•Owners are not designated
•Service breakdown: Bookkeeping/Compilations-85% (670 corporate clients); Personal tax-15% (500 Personal clients at an average billing of $300)
•Diverse scope of industries served, primarily small businesses
•The sellers will be keeping several clients who will not be included in the client list being purchased. These clients are close personal friends/relatives and the sellers do not believe they will smoothly transition to the new owners. Full non-compete and non-solicitation clauses will be signed. Gross billings reported are after deduction of approximately $250,000 for those clients who will not transition.
•Retiring partners will offer a generous transition to the new buyer to ensure a successful takeover.
•10 existing full-time staff and one part-time are expected to stay with the buyer.
•Approximately 1,732 SF of office space in a condo owned by the shareholders with seven private offices, two washrooms, a kitchen and a reception area. The condo building has three office-style suites and several industrial-style bays. There are five dedicated parking stalls and a dedicated entrance. The condo is offered for sale to the buyer or it is also available on a long term lease with terms to be discussed between the parties.
•Software in use: Microsoft Suite, Cantax/Taxprep Xero and QB
•Retiring partners will offer a generous transition to the new buyer to ensure a successful takeover.
•10 existing full-time staff and one part-time are expected to stay with the buyer.
•Approximately 1,732 SF of office space in a condo owned by the shareholders with seven private offices, two washrooms, a kitchen and a reception area. The condo building has three office-style suites and several industrial-style bays. There are five dedicated parking stalls and a dedicated entrance. The condo is offered for sale to the buyer or it is also available on a long term lease with terms to be discussed between the parties.
•Software in use: Microsoft Suite, Cantax/Taxprep Xero and QB
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