New
Edmonton, AB Franchised Business Services Practice For Sale
Listing #
AB6549
Location
Alberta
Annual Revenue
$632,000
Asking Price
$779,000
Type
CPA 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 high-quality franchised Business Services practice specializing in advisory services, tax planning, and business accounting for small business owners. 

  • The firm is fully turnkey, providing a seamless transition for a new owner. 

  • With comprehensive back-office support and established systems in place, the buyer can step in and operate efficiently from day one.
    As part of a respected franchise network, the business benefits from exceptional tax service support, proven operational processes, and ongoing training and resources. 

  • This is not a virtual practice and buyer must service client base from Edmonton
  • This is an outstanding opportunity for a licensed CPA who is able to sign Compilation Reports and is seeking a well-established, scalable business in the professional services sector.

  • Paperless office, vast majority (over 95%) of clients are virtual

  • The buyer will be required to continue to operate as a franchisee of this well known and respected brand

  • Service breakdown:
    • Compilations including T2 returns: 31%
    • Monthly bookkeeping providing a steady consistent cash flow: 43% 
    • Personal tax: 14%
    • Tax advisory: 6%
    • Other services: 6% 
  • Above average cash flow to owner (45%-47%) after accounting for franchise fees
  • Wide scope of industries served
  • Aside from the owner who works fulltime in the business, there are three staff members and one part-time contractor, all available to transition to the new owner
  • 750 SF condo unit with parking, owner’s office, staff offices, meeting room, and storage. Monthly rent is $2,600
  • Software in use: QBO, Dext, DTMAX, Taxdome, MS Suite
  • Reason for sale:Health; very motivated seller and priced for quick sale

     
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