Highly lucrative estate and trust accounting services. Rare opportunity to expand your service offerings with an established, profitable firm. Founded in 2004, the practice has built a strong reputation as a specialized leader in estate and trust accounting—a niche that few accounting firms venture into. With over 21 years of expertise in this niche market, the seller has cultivated a trusted brand known for its precision and professionalism. 

The service mix includes the following:

• Estate / Trust / POA Accounting - (39%) – $152,322 (18 clients)

• Estate Tax Preparation - 32% - $123,411 (23 clients) 

• Corporation Accounting and T2 11% - $43,225 (6 clients) 

• Personal Tax Preparation - (7%) – $27,000 (21clients)

• Bookkeeping Services - (7%) – $28,235 (4 clients) 

• Estate International Tax Preparation - (4%) – $13,793 
  
  

The practice comes with 1 part time employee. Cash flow of $258,000, including owner’s salary, benefits, and non-operational expenses. 

Software used: CCH, iFirm, CaseWare, CaseView, Sage 50. Turnkey 300 square-feet office space in an upscale office building. Month to month rent at $2,200 + HST