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Oakville, ON - CPA Book of Business For Sale
Sale Pending
Listing #: ON5284
Location: Ontario
Type: CPA
Annual Revenue: $180,225
Asking Price: $229,000
| Presented by: |
 |
| Sonia Albert |
| Toll Free: 877-606-8622 |
 |
| Alan Liverman |
| Office: 514-819-8088 |
Description:
- The owner is a CPA
- CPA practice established in 2015. The owner is selling a book of business to reduce workload.
- Total revenue generated by services offered to the book of clients for fiscal year 2023 is $180,225. Excellent cash flow.
- Book of clients' mix being sold:
- Approximately 62 corporate clients with a total fee of $112,250.
- Approximately 177 individual tax returns with an average fee of $291 per return
- Other returns (T4/T5) represent 6% of billings and 4% is consulting
- Approximately 62 corporate clients with a total fee of $112,250.
- Industries served include Holding Co/Investment, Medical practices, Consulting, Insurance agencies, Machinery sales/service, Professional services. Very few Retail, Construction or Restaurant.
- Asking price is only based on the revenue that will transfer in the sale.
- Software in use: QuickBooks desktop, Caseware desktop, Profile desktop, MS Office
- The buyer could take over the office, but local relocation would be acceptable as well. Office is 700 square feet in commercial building. Rent is $1,875 per month and expires Oct 31, 2024. Ample parking for clients.
- Seller available to stay on a part time basis to ensure a smooth transition to the new owner.
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