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North Okanagan, BC CPA Practice For Sale
Sale Pending
Listing #: BC1060
Location: British Columbia
Type: CPA
Annual Revenue: $285,600
Asking Price: $375,000
| Presented by: |
 |
| Sonia Albert |
| Toll Free: 877-606-8622 |
 |
| Alan Liverman |
| Office: 514-819-8088 |
Description:
Sonia is pleased to introduce you the following practice:
- Well established CPA, Accounting and Tax practice with overall:
- Compilations, accounting services and corporate tax – 63% of revenue with 41 clients generating $180,000.
- T1s – approximately 34% of revenue with 156 clients averaging $600 per return.
- Other services: approximately 4% of revenue.
- Practice established in 2006.
- Diverse scope of industries served, including construction trades, trucking, consulting, not-for-profit, retail, and some investment or property holding companies, primarily small businesses.
- Approximately 667 square feet of retail store front. Monthly rent is $1,263, and the lease expires in August 2024.
- Team consists of owner (full time); accounting technologist (30 hours week) and administration/receptionist (25 hours week) – year-round. No additional staff during tax season.
- Seller will be available for an orderly transition in order to ensure a smooth transition to the new owner and willing to stay on a part time basis to support success and future growth.
- Software in use: CaseWare, Jazz-It, Bill Quick (desktop), Sage 50, QuickBooks (desktop), QBO, Microsoft Office.
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