MergerPlace

Established CPA Firm in Mississauga

Mississauga, Ontario


  • Asking Price: $900,000
  • Gross Income: $723,000
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #215356
  • Established: Not Disclosed
  • Employees:

Business Description

Well-established CPA firm with a commitment to providing exceptional service to a loyal base of clients. This is a high-quality CPA firm that serves wealthy, high net worth individuals, and small to mid-sized businesses in a number of different industries. The practice is very well positioned in the market to provide high-level client service that has historically come from the big 4 or regional firms. The firm offers their clients top-notch service and has been able to create trusted relationships where clients turn to their CPA for needs beyond traditional compliance work.
The practice has a balanced mix of services including compilations, bookkeeping, business and personal tax as well as some review, audit, and consulting. 90% of the practice work is business or business-related engagements. Clients look to the firm to provide tax planning and business advice for their growing companies. Consulting work is involved, complex and profitable.
Clients are sophisticated and are not averse to paying high fees. Client confidence is high. They appreciate the attention to detail and that their accounting needs are managed for them. Industries include real estate, transportation, manufacturing, consulting, associations, software, pharmacists, legal, entertainment, construction, service, and investment. Most clients come to the office. Clients are extremely loyal and long tenured with the firm.
Revenue is strong with 50% cash flow to owner


Business Details

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

Company Information

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

Financial Information

Asking Price: $900,000
Gross Revenue: $723,000
Seller Financing Available: No

Property Information

Reason for selling:

Retirement

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Business Listed By:

Darryl Boyd

Poe Group Advisors