Practice for Sale – Well Established  Accounting and Tax Firm
Presented by Alan Liverman

We are pleased to present an excellent opportunity to acquire a well-established and profitable accounting and tax practice with a solid reputation for outstanding client service. Please note this is NOT a virtual practice nor can it be operated remotely. The buyer should be available in the Muskoka area.

Key Highlights:

• Service Breakdown:

  • T1 Personal Tax Returns: 27% of revenue (approx. 425 returns annually)

  • Bookkeeping & Accounting Services/Compilations, including T2 returns: 73% of revenue (approximately 80 clients)

• Established: Founded in 1986, the practice has built a loyal client base and a strong local presence.

• Technology:

  • Tax Software: Cantax

  • Accounting Software: QuickBooks Online and Desktop, Sage, CaseWare

• Staffing:

  • No employees

  • Owner Involvement: The current owner is the sole employee, works approximately 1,200 hours p.a., and is now looking to retire.

• Office Space: Home based practice: no office space

   

• Financials: Consistent annual billings and profitability, with a strong emphasis on customer satisfaction. 

  • Above average cash flow to owner

This is an ideal opportunity for an individual practitioner looking to grow, or an existing firm seeking to expand its client base with a turnkey operation.