Well-established practice consisting of two complementary divisions under the same ownership with combined annual gross revenue of approximately $436,300.

CPA Division– Annual Revenue: ~$263,900

·        Accounting/Write-Up: $220,700 (84%)

·        Personal Tax Returns: $30,400 (12%)

·        Review Engagements: $9,200 (3%)

·        Other Tax Services: $3,600 (1%)

Bookkeeping & Tax Division – Annual Revenue: ~$172,400

·        Bookkeeping/Accounting: $88,600 (51%)

·        Payroll Services: $65,800 (38%)

·        Annual Returns: $11,500 (7%)

·        WCB & Other Services: $6,500 (4%)

The office premises must be sold with the practice. Asking price for the condo:     $500,000