MergerPlace

Profitable CPA Firm Southeast Durham, ON

Ontario


  • Asking Price: $210,000
  • Gross Income: $180,000
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #215357
  • Established: Not Disclosed
  • Employees:

Business Description

This is an established and profitable CPA firm with a community focus. Client engagements include compilations and business tax as well as personal tax. No reviews and audits. Clients come from a broad range of industries including trades, service industries and professionals.
Revenue is stable with excellent cash flow to owner of over 60%. Effective pricing and billing strategies are in place and the practice has an excellent client payment track record.
Clients are loyal, long-term and give quality referrals. The office culture is laid back but professional and efficient. Clients appreciate the firm’s attention to detail but also the friendly and personal atmosphere and approach.
Office processes are streamlined with good systems in place. Workflow is 90% paperless. Procedures and software are in place to ensure efficient workflow and quality control. Existing IT infrastructure can support growth and additional staff.
Ideal buyer
The ideal buyer will be a confident CPA with several years of accounting and tax experience as well as strong technical knowledge. The commitment to continue great client relationships is essential. The ideal buyer will be personable with a good sense of humour and a relational approach to clients. This practice is a solid platform on which to build and will require an entrepreneurial buyer who is capable of taking it to the next level.


Business Details

Primary Business Category: Services - Accounting & Tax
Location: Ontario

Company Information

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

Financial Information

Asking Price: $210,000
Gross Revenue: $180,000
Seller Financing Available: No

Property Information

Reason for selling:

Career Change

Contact Business Seller

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Business Listed By:

Darryl Boyd

Poe Group Advisors