MergerPlace

Mississauga CPA Firm for sale

Mississauga, Ontario


  • Asking Price: $1,200,000
  • Gross Income: $946,000
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #223257
  • Established: Not Disclosed
  • Employees:

Business Description

Founded in 1999, this is a very well-established two-partner CPA firm with solid revenue from a longstanding multi-industry client base. Client engagements include business tax, compilations, audits, reviews, and estates, with minimal personal tax and bookkeeping. An excellent reputation has allowed the owners to achieve and maintain their desired capacity, while regular referrals offer tremendous opportunity for growth. Cashflow to owner is very good at 53% and owner working hours are very reasonable at 2900 combined total for 2 owners. Billings are primarily time based, with some flat fee and hourly according to the service. Office processes are streamlined. Staff are reliable, well trained, and work with little supervision. The firm maintains a dedication to superior and personalized client service.

This firm has an exceptional client base with an industrial focus that is balanced with a mix of services including wholesale, retail, construction, consulting, real estate, hospitality, transportation, sales, professionals, and some non-profit work. Client demographics are desirable in terms of client industry, client age, client net worth, etc. Client relationships are strong. Long-term clients trust the firm to provide sound tax advice. Tax planning style focuses on risk avoidance, and ensuring the client is well-informed.

A people-first approach contributes to a great culture, work environment, and employee engagement. Staff are conscientious, attentive to accuracy, organized, and hard-working. Team members are provided autonomy to manage their files and work, while partners focus on reviews and client relationships. The firm has a reputation for high quality service with a relaxed but professional atmosphere. Scheduling flexibility allows for life scenarios and healthy work/life balance.

Great location and visibility. Attractive office building on a professional streetscape is accessible to and from the main corridors and surrounding commercial area. An amazing opportunity for someone looking to start with, or add to, a great client base. Sellers are flexible to maintain a working relationship with the new 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: $1,200,000
Gross Revenue: $946,000
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