Niagara Region, ON - CPA Practice For sale
 SOLD
Listing #: ON5028
Location: Ontario
Type: CPA
Annual Revenue: $314,000
 Asking Price: $399,900
Presented by:
Sonia Albert
Toll Free: 877-606-8622
 
Alan Liverman
Office: 514-819-8088
Description:
Sonia Albert is pleased to introduce the following practice. 
  • Fast-growing  CPA firm with an excellent reputation is for sale.
  • Expected 2023 billings will be approximately $314,000.
  • Fee structure : T1 $250 per person, plus additional fees for T2125, T2 starts at $2500 for annual filing plus additional fees of $350/hour for additional work.
  • Firm has been in existence since 2008.
  • Service breakdown: 21 files of Annual Accounting: 31%; 60 Business Returns: 28% ; Personal tax 35%;  Other services representing 5%.
  • Some of the industries served: Real Estate Brokers, farms, Vineyard Management, Restaurant & Catering, Retails, constructions, manufacvturing, various contractors,  professional doctors, etc. 
  • Team of three staff willing to stay on with the buyer. 
  • 1250 square feet of office space, 1 private office, boardroom and 3 work stations for bookkeepers, plus 1 reception desk and foyer with fireplace. Lease expires in November 2026.
  • Software in use: Quick Books Online, UFile Pro for T1 tax returns, TaxTran for T2 corporate tax returns, Microsoft Office 2021, EasyPay for payroll.
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