New
GTA CPA Practice For Sale
Listing #
ON5806
Location
Ontario
Annual Revenue
$1,899,189
Asking Price
$2,500,000
Type
CPA TAX BOOKKEEPING
Presented by:
Sonia Albert
Toll Free: 877-606-8622
 
Alan Liverman
Office: 514-819-8088
Description:

Seller will consider only CPA Licensed prospects.

CPA Practice established more than 23 years ago in the GTA.

Revenue: $ 1,899,189 

→ Approximately $1,217,339,000 in revenue from bookkeeping and compilations. 

→ Approximately 359 individual tax returns with a total revenue of $353,025.

→ Approximately $23,906 in annual revenue from 2 audits – outsourced to another firm

→ Business advisory services represent 17% of the billings. 

Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business:  approximately $894,233.

Software used: CaseWare, Sage, QBD & QBO, Account Edge, Tax Prep, Clickup, BizConnect. 

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.

The seller has another practice in Southwestern Ontario with an annual revenue of $ 1,133,580. Contact us at sonia@aps.net for more information about this practice

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