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GTA Bookkeeping, Tax and Payroll Practice For Sale
SOLD
Listing #: ON1089
Location: Ontario
Type: TAX BOOKKEEPING PAYROLL
Annual Revenue: $415,500
Asking Price: $550,000
| Presented by: |
 |
| Sonia Albert |
| Toll Free: 877-606-8622 |
 |
| Alan Liverman |
| Office: 514-819-8088 |
Description:
•Bookkeeping, payroll and tax practice with overall bookkeeping revenues of 60%, recurring T1 revenues of 21%, T2 revenues of 15% and consistent other billings of 4% •Very varied clientele in many different industries •Owner is not designated •Practice was established in 2002, is very profitable and has seen consistent growth every year since inception. •Owner is retiring •Above average excellent cash flow to owner at 77% •QuickBooks Premier, Visual Tax •Practice occupies 1,000 SF of modern offices in a very visible location on busy street with monthly rent of $2,800 plus HST, lease expires December 31, 2025. Premises owned by seller and will sign a long term lease with buyer
•Bookkeeping, payroll and tax practice with overall bookkeeping revenues of 60%, recurring T1 revenues of 21%, T2 revenues of 15% and consistent other billings of 4% •Very varied clientele in many different industries •Owner is not designated •Practice was established in 2002, is very profitable and has seen consistent growth every year since inception. •Owner is retiring •Above average excellent cash flow to owner at 77% •QuickBooks Premier, Visual Tax •Practice occupies 1,000 SF of modern offices in a very visible location on busy street with monthly rent of $2,800 plus HST, lease expires December 31, 2025. Premises owned by seller and will sign a long term lease with buyer
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