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York Region ON CPA Practice For Sale
Sale Pending
Listing #: ON5262
Location: Ontario
Type: CPA
Annual Revenue: $468,000
Asking Price: $600,000
| Presented by: |
 |
| Sonia Albert |
| Toll Free: 877-606-8622 |
 |
| Alan Liverman |
| Office: 514-819-8088 |
Description:
- Well-established and respected CPA firm located in the York Region.
- Year established: 2000.The professional corporation was established in 2011.
- Year-end December 31st. Revenue for 2023 fiscal year is $468,378. Revenue for 2024 expected to exceed $500,000.
- Ideal buyer: It is not a virtual practice. The ideal buyer should want to run a practice, sit in the chair and engage with clients and staff. Possibility to relocate the practice within town.
- Revenues are derived from a well-balanced mix of services: 39% compilations and business returns, 32% individual tax returns, 27% bookkeeping and accounting services to corporates and 2% consulting and other services.
- Software used: Profile, Turbo Tax for US returns, QBO, QBooks, Sage, CaseWare, Microsoft Office, Client Track, Splashtop, Adobe, Norton, Wave.
- The practice comes with 3 full-time experienced staff: 1 CPA, 1 CPB and 1 Administrative Assistant/Bookkeeper. Staff very knowledgeable about clients.
- 900 sq. ft. recently renovated office located on the 2nd floor of a commercial building. Rent is $1,550/month. Lease expires in April 2025.
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