Seller will consider only CPA Licensed prospects.

CPA Practice with two locations: GTA and Southwestern Ontario.   

This practice was established more than 23 years ago

Software in use includes CaseWare, Sage, QBD & QBO, Account Edge, Tax Prep, Clickup, BizConnect. 

Revenue for practice 1: $ 1,899,189 

Revenue for practice 2: $ 1,133,580

Approximately $1,7M in annual revenue, via compilations and T2s (474 clients)

Approximately $43,000 in annual revenue, via 13 monthly clients 

Approximately 1,252 individual tax returns with an average fee of $363 per return

Approximately 88 other returns with an average fee of $1,872 per return

Approximately $45,000 in annual revenue from 3 audits – outsourced to another firm

Business advisory services represent 15% of the billings. 

Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business:  approximately $1.3M (2024)

Lease: 5 years lease with 5 years extension

The seller is willing to stay after the sale to ensure a smooth transition. Terms and conditions to be discussed.