Description:
•Bookkeeping and tax practice with overall bookkeeping revenues of 77%, recurring T1 revenues of 3% and T2 billings of 20% •Varied clientele in many different industries •Practice was established in 2005, is very profitable, and has seen consistent growth over the past several years. •Owner is changing career path •Excellent cash flow to owner •QuickBooks, Profile, QB Online, Desktop •Practice comprises an office occupying 1,500 SF of modern offices and a 50% interest in a Ledgers virtual office owned in a separate company. •Practice is easily relocatable to the Hamilton/Burlington area •Owner also owns a 100% interest in a Legends franchise also available for purchase for $110,000. Buyer can purchase both practices at a reduced price of $379,000 for both •Updated billings to August 31, 2022 are $230,000 for bookkeeping/tax practice and $110,000 (100%) of Legends.