Hanover, ON , Compilation, Bookkeeping & Tax Practice for Sale
 Sale Pending
Listing #: ON5126
Location: Ontario
Type: TAX BOOKKEEPING COMPILATIONS
Annual Revenue: $337,424
 Asking Price: $375,000
Presented by:
Sonia Albert
Toll Free: 877-606-8622
 
Alan Liverman
Office: 514-819-8088
Description:
Alan Liverman is pleased to introduce:
Well established Compilation, Bookkeeping and Tax practice with overall revenues:

                Bookkeeping services: 91 clients, 15% of revenues 

                Compilations: 33 clients, 26% of revenues

                T2 preparation: 29 clients, 7% of revenues

                T1: 653 clients 37% of revenues

                Special services: 15% of revenues.

Excellent cash flow to owner
Practice established in 2012. 
Diverse scope of industries served: restaurants, dollar stores, small manufacturing,
truck repair, landscaping,  produce, farms etc.
Approximately1,000 square feet of  office space on main street including five private offices, kitchen and boardroom and storage facilities, very clean and quiet environment with ample free parking.  Monthly rent is $1,500 Gross, lease assumable and expiring in September, 2025 and renewable.
Team consists of owner (CPA) (full time who does all the corporate work), two full time employees (bookkeeping and T1) and 1-3 subcontractors. Other than the owner all are available to continue with the buyer.
Seller will be available for an orderly transition in order to ensure a smooth transition to the new owner.  
Software in use: QuickBooks
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