MergerPlace

Bookkeeping, accounting and tax firm

Southern Vancouver Island, British Columbia


  • Asking Price: $745,000
  • Gross Income: $687,000
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #225985
  • Established: Not Disclosed
  • Employees:

Business Description

This is a rare opportunity to acquire a very well-established bookkeeping, accounting, and tax firm that is poised and ready to be taken to the next level. An exceptional reputation for quality service and customer care has fostered strong organic growth. Client and industry referrals along with selective client onboarding have resulted in a desirable and loyal client base. Billings are 95+% monthly recurring revenue creating excellent cashflow and nominal Accounts Receivable. Workflow is managed by an efficient and effective combination of systemization and clearly defined role accountabilities. Through workflow management software, work and tasks are delegated to team members who understand and deliver on their responsibilities. Staff members work independently and collaboratively to provide a very high level of service. Strong long-term client relationships are the result of a very capable team who work directly with their clients. A casual but professional atmosphere, flexible scheduling, and autonomous management style create a desirable culture for team members. Modern and secure systems provide remote functionality and layers of redundancy. Owner hours are low at ~1,600/year, spent primarily on higher level client and staff support as needed, along with business development. This is an excellent opportunity for a buyer looking for a very reputable practice, excellent team, and many built in and potential growth opportunities. Located in the southern Vancouver Island area, the buyer could combine the best of both career and home.


Business Details

Primary Business Category: Services - Accounting & Tax
Location: British Columbia
Metropolitan Area: Southern Vancouver Island

Company Information

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

Financial Information

Asking Price: $745,000
Gross Revenue: $687,000
Seller Financing Available: No

Property Information

Reason for selling:

Retirement

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Business Listed By:

Carol Poe

Poe Group Advisors