This is an extraordinary CPA firm. It is rare to find this combination of quality clients, superior processes, quality of work, balanced owner hours, and extraordinary profit. The retiring owner has designed every aspect of the business to work together at a level of efficiency seldom seen in practice.
At 88% percent, the cash flow to owner is over double that of the average firm its size, and easily more than many firms greater than twice its size. This, coupled with balanced owner hours of about 2,000 and a flawless CPA Ontario practice inspection record, makes this a unique practice in the market.
Ideal Buyer: This is a very different type of practice. The owner’s goal has been to run a superior CPA firm with uncompromising client service and quality of work and to do so as efficiently as possible, ensuring flexible owner hours and maximum profit.