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OFFER ACCEPTED North York, Toronto Bookkeeping and Tax Practice
SOLD
Listing #: ON1095
Location: Ontario
Type: TAX BOOKKEEPING PAYROLL
Annual Revenue: $116,000
Asking Price: $149,000
| 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 95% and a small T1 practice of 5% of total billings. •85% of income is on monthly billing and collected within 30 days •Owner is not designated •While not 100% essential it would be very beneficial if the buyer was versed in Arabic •Practice was established in 2008, is very profitable and the owner is retiring. •Above average excellent cash flow to owner at 51% •QuickBooks, TaxCycle •Practice occupies 800 SF ; lease expiry December 31, 2024 and is assumable.
•Bookkeeping and tax practice with overall bookkeeping and T2 revenues of 95% and a small T1 practice of 5% of total billings. •85% of income is on monthly billing and collected within 30 days •Owner is not designated •While not 100% essential it would be very beneficial if the buyer was versed in Arabic •Practice was established in 2008, is very profitable and the owner is retiring. •Above average excellent cash flow to owner at 51% •QuickBooks, TaxCycle •Practice occupies 800 SF ; lease expiry December 31, 2024 and is assumable.
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