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| Presented by: |
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| Sonia Albert |
| Toll Free: 877-606-8622 |
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| Alan Liverman |
| Office: 514-819-8088 |
Established in 1999, this experienced and resourceful CPA practice offers a comprehensive suite of income tax and accounting services tailored to both individuals and businesses. With a strong focus on corporate clients, the practice generates most of its income through business accounting services, consultations, and specialized accounting solutions.
Please note that the seller has decided to stay for a longer transition period to actively support the buyer and contribute to the continued growth of the practice.
Great potential of growth with gross revenue reaching over $500,000 in 2024.
Service breakdown:
Business returns, bookkeeping and compilations account for approximately 60% of revenue with 100 clients bringing in approximately $300,000.
Individual returns account for 30% of revenue with 500 clients bringing in approximately $150,000.
Consulting accounts for 5% of revenue ($25,000).
Other returns including US returns generate 7% of revenue ($35,000)
Clients demography: GTA
Accounting Software used: CaseWare, CaseView, Profile, QuickBooks desktop and online,
Owner runs the practice with the support of 2 full-time employees and 1 as needed.
1,620 sq ft of corner suite commercial office space, comprising of 5 private offices, large reception area and kitchen, large boardroom with hardwood floor which can seat 8-10. Rent is $5,000/month. Commercial condo available for sale.
