The seller is an established Lower Mainland CPA practice serving owner-managed businesses and related individuals through recurring corporate tax, personal tax, compilation and general compliance services. 
Over the last four years management has focused on modernizing the operating environment, improving workflow and fee discipline, converting paper-heavy files to electronic records and strengthening team-based delivery. Routine operations are performed with limited day-to-day partner involvement; partner are principally involved in oversight, complex matters and selected relationship management.

Strong recurring revenue base across bookkeeping, personal tax, and corporate engagements, along with an established client base with long-term relationships. Continued investment in digital workflows and automation is expected to further improve efficiency and scalability.

Service breakdown:

• Accounting, Compilations and Bookkeeping services,  account for approximately 39% of revenue with 139 clients generating billings of approximately $353,000.

• Individual T1 returns account for approximately 45% of revenue with 2,100 clients generating billings of approximately $413,000.

• T2 returns account for 2% of revenue with 19 clients generating billings of approximately $20,000

• T3 and Estate returns account for 3% of revenue with 24 clients generating billings of approximately $30,000
• Other recurring services account for 11% of revenue generating billings of approximately $100,000

Software: CCH iFirm, Taxprep, Casewear and Jazzit, Microsoft Azure Environment

Reason for selling: The seller is concentrating future leadership attention and market-development resources in Vancouver and is seeking a buyer whose geographic strategy and operating capacity are better aligned with this practice.