• CPA Practice in Southwestern Ontario established more than 23 years ago. Revenue: $ 1,133,580

→ Approximately $761,560 in annual revenue from Bookkeeping and compilations.

→ Approximately 744 individual tax returns with an average fee of $274 per return

→ Approximately $24,850 in annual revenue from 3 audits – outsourced to another firm

→ Business advisory services represent 12% of the billings. 

• Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business:  approximately $415,000.

• Software used: CaseWare, Sage, QBD & QBO, Account Edge, Tax Prep, Clickup, BizConnect. 

• Lease: 5 years lease with 5 years extension

• The seller is willing to stay after the sale to ensure a smooth transition. Terms and conditions to be discussed.

• The seller has another practice in the GTA with an annual revenue of $ 1,899,189 . Contact us at sonia@aps.net for more information about this practice.rmation about this practice.