MergerPlace

CPA Firm Available South Central Durham

Durham, Ontario


  • Asking Price: $230,000
  • Gross Income: $210,000
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #214694
  • Established: Not Disclosed
  • Employees:

Business Description

This is a full-service CPA firm with a great reputation in the community. Client engagements include compilations, personal and corporate tax preparation, bookkeeping, and some review and audit work.
The firm provides good cash flow to owner and clients are used to paying promptly for their services. Client industries include wholesale, professionals, retail, hospitality, various service industries, consulting and investment companies. Clients are very loyal and provide quality referrals. Clients appreciate the personal and friendly service that the firm provides.
The office culture is casual but efficient. Management style is relaxed but procedures are in place to ensure efficient workflow and quality control. The staff is conscientious, attentive to accuracy, and organized. Almost all clients come to the office. Clients are used to the owner being available for follow up and specific questions.

The ideal buyer will be a Licensed Public Accountant with several years of accounting and tax experience. One CPA can run the practice but will require additional help at tax time. Focused client attention will provide a great opportunity to grow the existing client base with additional services. Based on regular inquiries, there are numerous opportunities for growth in this region. The business development-minded owner will be able to capitalize on the firm’s history and experience.


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: $230,000
Gross Revenue: $210,000
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