Description:
•Bookkeeping and tax practice with overall bookkeeping and T2 revenues of 72%, recurring T1 revenues of 18% and consistent consultant billings of 10% •Very varied clientele in many different industries •Owner is a CPA and while desirable, buyer does not have to be a CPA •Practice was established in 2011, is very profitable and the owner is ready for a new challenge. •Above average excellent cash flow to owner at 56% •QuickBooks, TaxCycle •Practice occupies 1,200 SF ( reception area, 2 offices, 4 workstations) in high visibility retail plaza with ground floor access and signage with monthly rent of $4,000; lease expiry December 31, 2024 and is assumable. Practice has exclusive rights for accountancy in the plaza.