Description:
CPA, Accounting and tax practice with overall: • compilations and corporate tax - 40% of revenue • NPO reviews _ 6% of revenue • accounting services_ 17% of revenue • T1s_ 28% of revenue • trust and estate T3s and related accounting services _ 6% of revenue • consulting and other related revenue_ 3% Well established general practice, this quality sole-practitioner CPA firm is very profitable and has opportunity for growth. The owner desires to pursue other interests. Excellent cash flow to owner at @75% of revenue and relatively low owner hours. Long-term CPA staff member will stay with new owner. Outgoing owner will be available for an orderly transition in order to ensure a successful transition to the new owner. Practice has always operated from a purpose-built centrally located home office not available to rent and buyer will be required to move practice to their own location Software in use: Caseware/Jazz-It/TaxCycle/DoxCycle/TaxFolder/Sage 50/QuickBooks Desktop/QuickBooks Online/AccountEdge/Office 2019/TPS Time & Billing