Description:
•Very successful CPA firm with an excellent reputation in the Central Fraser Valley, BC. •Firm has been in existence for 25 years •Excellent above average cash flow •Service breakdown: Compilations/NTR 60%; Personal tax 20%; Bookkeeping 15%; Special tax work and trusts 5% •Wide scope of industries served. Note with this type of client base there is always on-going tax work. •Team of six full time staff and four part time with additional part time in tax season •1,600 SF modern office building perfectly suited for an accounting office with some recent renovations. Very reasonable lease expiring June 30, 2023 •Reason for selling: Seller does not want to operate a practice this size. He is open to multiple scenarios moving forward with the buyer. Seller is amenable to a complete buyout or a partnership or merger under mutually satisfactory terms for both parties. •Practice is growing rapidly with new clients onboard weekly •As the seller does not live in the same city where the practice is located he may want the option to continue to practice on a small scale in the city he lives working from a home office. Seller will sign whatever non-solicitation and non-compete is necessary and satisfactory to both parties.