ON1117 - Norfolk County, ON - CPA, Accounting & Tax Practice for Sale

VENDU

Norfolk County, ON - CPA, Accounting & Tax Practice for Sale

# cabinets

ON1117

Province

Ontario

Chiffres d'affaires

$788,960

Prix demandé

$885,000

Type

CPA IMPÔT TENUE DE LIVRES COMPILATIONS PAIE

Présenté par:

Sans frais: 877-606-8622

Téléphone:514-819-8088

Description:

Alan Liverman is pleased to introduce:

Well established CPA, Accounting and Tax practice with overall:
- Compilations, accounting services and corporate tax – 58% of revenue with 120 corporate clients generating $367,000 of revenues.
- T1s – approximately 35% of revenue with 1,000 clients averaging $225 per return.
- T4, T5 & T2125: approximately 6% of revenue.
- Agri-Stability: 2%
- Practice is growing significantly and is consistently onboarding new and profitable clients, both corporate and personal.
Practice established in 2005.
Diverse scope of industries served, including: Farming & agriculture sector, residential construction, consulting, retail, investment co’s (Holdco’s), existing & retired medical doctors.
Approximately 2,800 square feet of totally renovated (2014) office space plus an upstairs office, kitchen and boardroom and storage facilities in full basement. Retail store front located on the main financial district/street of Simcoe. Monthly rent is $3,000, premises owned by seller and available for purchase.
Team consists of owner (CPA) (full time), 1 CPA on staff , and one CPA finalist; Total of 8 full-time permanent staff plus one full-time temp in tax season (including one receptionist);
Seller will be available for an orderly transition in order to ensure a smooth transition to the new owner and willing to stay on a part time basis to support success and future growth.
Software in use: use TaxPrep, CaseWare, TPS, QB Online & Desktop, Sage 50, MS Office

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