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Brampton, Ontario CPA, tax and bookkeeping practice For Sale
SOLD
Listing #: ON1088
Location: Ontario
Type: CPA TAX BOOKKEEPING
Annual Revenue: $332,465
Asking Price: $435,000
| Presented by: |
 |
| Sonia Albert |
| Toll Free: 877-606-8622 |
 |
| Alan Liverman |
| Office: 514-819-8088 |
Description:
•Bookkeeping and tax practice with overall bookkeeping and T2 revenues of 72%, recurring T1 revenues of 18% and consistent consultant billings of 10% •Very varied clientele in many different industries •Owner is a CPA and while desirable, buyer does not have to be a CPA •Practice was established in 2011, is very profitable and the owner is ready for a new challenge. •Above average excellent cash flow to owner at 56% •QuickBooks, TaxCycle •Practice occupies 1,200 SF ( reception area, 2 offices, 4 workstations) in high visibility retail plaza with ground floor access and signage with monthly rent of $4,000; lease expiry December 31, 2024 and is assumable. Practice has exclusive rights for accountancy in the plaza.
•Bookkeeping and tax practice with overall bookkeeping and T2 revenues of 72%, recurring T1 revenues of 18% and consistent consultant billings of 10% •Very varied clientele in many different industries •Owner is a CPA and while desirable, buyer does not have to be a CPA •Practice was established in 2011, is very profitable and the owner is ready for a new challenge. •Above average excellent cash flow to owner at 56% •QuickBooks, TaxCycle •Practice occupies 1,200 SF ( reception area, 2 offices, 4 workstations) in high visibility retail plaza with ground floor access and signage with monthly rent of $4,000; lease expiry December 31, 2024 and is assumable. Practice has exclusive rights for accountancy in the plaza.
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