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Hanover, ON , Compilation, Bookkeeping & Tax Practice for Sale
Listing #
ON5126
Location
Ontario
Annual Revenue
$337,424
Asking Price
$375,000
Type
TAX BOOKKEEPING COMPILATION
| 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.
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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