MergerPlace

SW Durham Region Profitable CPA Firm

Durham, Ontario


  • Asking Price: $300,000
  • Gross Income: $260,000
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #214685
  • Established: Not Disclosed
  • Employees:

Business Description

This is an established CPA firm for small businesses and individuals. Business services account for about 50% of the practice and include compilations and some bookkeeping. The other half of the practice is individual tax and a small amount of estate work. No reviews or audits. The practice is known for its accuracy, responsiveness, and attention to detail. Its loyal clients give quality referrals.
Revenue is stable and the firm has very good cash flow to owner of 50%. Excellent billing and payment track record with clients paying on time. Owner hours are low and the owner enjoys a balanced schedule with flexible time off. This CPA firm has hard-working and capable staff. The office has a friendly and casual environment while maintaining a professional atmosphere. There is a good division of work. Task responsibilities are clear and regular meetings ensure that work is completed in a timely manner.
Client confidence is high. Industries include consultants, professionals, investment companies, trades and construction. No particularly large clients and the client age range is broad. Clients appreciate the attention to detail and that their accounting needs are managed for them. The practice provides personalized service to a loyal client base.


Business Details

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

Company Information

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

Financial Information

Asking Price: $300,000
Gross Revenue: $260,000
Seller Financing Available: No

Property Information

Reason for selling:

Retirement

Contact Business Seller

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Business Listed By:

Darryl Boyd

Poe Group Advisors