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Niagara Region, ON - CPA Practice For sale
Sale Pending
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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