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North Vancouver, BC CPA Practice For Sale
Sale Pending
Listing #: BC5238
Location: British Columbia
Type: CPA TAX BOOKKEEPING COMPILATIONS PAYROLL Other
Annual Revenue: $982,806
Asking Price: $1,300,000
| Presented by: |
 |
| Sonia Albert |
| Toll Free: 877-606-8622 |
 |
| Alan Liverman |
| Office: 514-819-8088 |
Description:
Alan Liverman is pleased to present:
•Very successful CPA firm with an excellent reputation in North Vancouver.
•Excellent billing rates.
•Excellent cash flow to the two partners.
•Firm has been in existence since 1993 and has grown steadily every year.
•Service breakdown: Compilations/T2 58% (155 clients); Bookkeeping 13% (44 clients); Personal tax 16% (295 clients); T3 6% (18 clients); T4/T5 preparation 6% (335 clients) ; Other consulting services 1% (10 clients).
•Wide scope of industries served.
•Of the two partners, one has worked “part-time” for the past three years, working only 200 hours per year, and the other partner full time, approximately 1,700 per year. This partner is available to stay on in the short term with the firm to aid in the transition. The practice is a “well oiled machine” and can easily be managed by one partner going forward.
•Well qualified team (7 F/T & 1 P/T)) will be available to continue with new owner.
•Excellent billing rates.
•Excellent cash flow to the two partners.
•Firm has been in existence since 1993 and has grown steadily every year.
•Service breakdown: Compilations/T2 58% (155 clients); Bookkeeping 13% (44 clients); Personal tax 16% (295 clients); T3 6% (18 clients); T4/T5 preparation 6% (335 clients) ; Other consulting services 1% (10 clients).
•Wide scope of industries served.
•Of the two partners, one has worked “part-time” for the past three years, working only 200 hours per year, and the other partner full time, approximately 1,700 per year. This partner is available to stay on in the short term with the firm to aid in the transition. The practice is a “well oiled machine” and can easily be managed by one partner going forward.
•Well qualified team (7 F/T & 1 P/T)) will be available to continue with new owner.
• Real estate owned by sellers and available for purchase or on long term lease.
• Software in use: Sage, QB, Microsoft Office, Cantax, Formaster
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