MergerPlace

Accounting Firm for Sale in London

London, Ontario


  • Asking Price: $90,000
  • Gross Income: $74,000
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #206495
  • Established: Not Disclosed
  • Employees:

Business Description

This firm is a profitable part-time accounting practice in the London, Ontario area. Industries served are primarily professional service businesses and hospitality. The firm enjoys a reputation in the community for providing responsive and professional service and clients are long term. The practice has a balanced mix of services with predominately compilations and business tax as well as some bookkeeping, payroll and personal tax. No review or audit. Revenue is steady with excellent cash flow to owner and owner hours are low. Workflow is efficient and expenses are low. The owner maintains a high-service, professional relationship with long-term clients. Client work is managed both digitally and through visits to client premises. Clients are billed when work is completed and pay promptly. New clients are through referral and the revenue trend is growing.


Business Details

Primary Business Category: Services - Accounting & Tax
Location: Ontario
Metropolitan Area: London

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $90,000
Gross Revenue: $74,000
Seller Financing Available: No

Property Information

Reason for selling:

Retirement

Contact Business Seller

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Business Listed By:

Carol Poe

Poe Group Advisors