Description:
Established in 1988, this CPA practice located in Thunder Bay has annual gross revenues of more than $300,000. The practice is highly profitable, generating good cash flow to owner around 40%. Software in use includes Sage Simply, Tax Prep Suite, others. Approximately 80 bookkeeping clients, generating $208,000 of the gross revenue including T2. Between 750 and 1000 individual tax returns generating approximately $100,000. Gross revenues from Jan. 1 to July 31st, 2018 are $255,000. This is an ideal opportunity for any CPA to step into a profitable, turn-key practice with an established book of business, staff in place, and seller’s availability to ensure a seamless transition in this very professional office setting. Thunder Bay is the capital of Northwestern Ontario whihc offers a relaxing, natural atmosphere with lively urban space, a beautiful place for people that are looking to expand their horizons, their careers and themselves. A place for those looking to leave behind a high stress lifestyle with hours spent in commuter traffic and the financial pressures of exorbitant house prices. Thunder Bayans are modern, happy, proud and hardworking with a history of welcoming newcomers and enfolding them in their circle of friends