Practice for Sale – Established Bookkeeping and Tax Practice. This is not a virtual practice and it is recommended that the buyer be located in the same general area.
 

We are pleased to present an excellent opportunity to acquire a well-established and profitable tax and bookkeeping practice with a solid reputation for outstanding client service.

Key Highlights:

• Service Breakdown:

  • T1 Personal Tax Returns: 36% of revenue (approx. 330 returns annually averaging $200 per T1) 

  • T2 Corporate Tax Returns : 44% of revenue (approx. 45 clients averaging $1,700 per T2)

  • Bookkeeping and Management Reports: 11% of revenue (approximately 9 clients at an average $400 per client)

• Established: 

  • Incorporated in 1989, this sole practitioner practice has built a loyal client base and a strong local presence. 

• Technology:

  • Tax Software: CanTax

  • Accounting Software: QBO, Quick books online and desktop, Microsoft Office

     

• Office Space and staffing:

  • This is a home based business and the sole employees are the seller and his wife, both of whom are retiring

     

• Financials: Consistent annual billings and profitability, with a strong emphasis on customer satisfaction.

   

This is an ideal opportunity for an individual practitioner looking to add to his/her book of clients, or an existing  firm seeking to expand its client base.