Alan Liverman is pleased to present:
•As this is a Canadian based on-line bookkeeping practice, buyers must be familiar with Canadian GAAP and be able to interact with the CRA and other provincial tax jurisdictions. This practice files a considerable amount of sales tax reports and regularly interacts with the CRA on behalf of their clients. If you are a US buyer please ensure you meet these conditions.
•Buyers should be registered with the CRA and able to communicate with them representing the various clients as necessary.
•A boutique online only bookkeeping practice
• 2024-2025 gross revenues are forecated to be $265,000. Current revenue stream is $245,384
•Practice has seen very fast growth since inception
•Steady monthly revenue stream
•18 monthly clients at an average billings of $1,100 per month; 2 quarterly billed clients at an average of $475 per quarter
• Software in use: QBO/Slack/Karbon/GSuite/PUSH/Wagepoint
• Incorporated in 2019 by two partners: one subsequently left to pursue other interests and remaining partner has two other businesses and does not have enough time to manage his workload
•Significant room to grow this virtual practice by the right buyer