ON5284 - Oakville, ON - CPA Book of Business For Sale

Oakville, ON - CPA Book of Business For Sale

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# Annonce: ON5284

Emplacement: Ontario

Type: CPA

Chiffres d'affaires: $180,225

Prix demandé: $229,000

Présenté par:

Sans frais: 877-606-8622

Téléphone:514-819-8088

Description:

The owner is a CPA
CPA practice established in 2015. The owner is selling a book of business to reduce workload.
Total revenue generated by services offered to the book of clients for fiscal year 2023 is $180,225. Excellent cash flow.
Book of clients' mix being sold:
- Approximately 62 corporate clients with a total fee of $112,250.
- Approximately 177 individual tax returns with an average fee of $291 per return
- Other returns (T4/T5) represent 6% of billings and 4% is consulting
Industries served include Holding Co/Investment, Medical practices, Consulting, Insurance agencies, Machinery sales/service, Professional services. Very few Retail, Construction or Restaurant.
Asking price is only based on the revenue that will transfer in the sale.
Software in use: QuickBooks desktop, Caseware desktop, Profile desktop, MS Office
The buyer could take over the office, but local relocation would be acceptable as well. Office is 700 square feet in commercial building. Rent is $1,875 per month and expires Oct 31, 2024. Ample parking for clients.
Seller available to stay on a part time basis to ensure a smooth transition to the new owner.

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