Available
London, ON CPA Practice for Sale
Listing #
ON5835
Location
Ontario
Annual Revenue
$190,000
Asking Price
$250,000
Type
TAX BOOKKEEPING
Presented by:
Sonia Albert
Toll Free: 877-606-8622
 
Alan Liverman
Office: 514-819-8088
Description:

 

Well-established Accounting Firm in London, Ontario since 2017. The office is located in a high-growth area with minimal competition in the area. Located on a busy, highly developed commercial street with many other businesses in the area.

Solid revenue growth year over year, with 2025 sales of $194,000. Fiscal year-end is April 30th.

Service breakdown:

- 21% corporate tax returns (12 clients)

- 17% recurring accounting & bookkeeping work (4 clients)

- 59% personal tax returns (635 T1 returns)

 

One part-time employee during the busy tax season

 

Software used: Taxdome, Xero, Sync, Taxcycle & Caseware

 

90% of client interaction is done virtually eg. Email, telephone, mail & fax

 

Nice-sized office space consisting of 4 offices, a reception area, and a small kitchen. Parking included. Rent is $3000/month, and the lease expires in June 2027. With the majority of the operation done virtually, this firm has the potential to convert to a virtual firm in the future.

 

 

 

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