Canora/Pelly area, SK, Compilation, Bookkeeping and Tax Practice
| Asking Price: | $175,000 |
| Established Year: | 1988 |
| Gross Revenue: | $159,000 |
- Well established Accounting, Bookkeeping and Tax practice with overall revenues:
- Compilations, bookkeeping and accounting – 24% of revenue with 30 corporate clients generating $39,000 of revenue.
- T1s – approximately 48% of revenue with 720 clients averaging $107 per return.
• T2s – approximately 25% of revenue with 35 clients averaging $1,150 per return.
- Other recurring services approximately generating $3,000 of revenue.
•Revenues have been consistently increasing and 2024 will exceed 2023 as well.
•Owner is not designated
•Current owner purchased this established business (25 years) in 2013 and is now ready to retire.
•Diverse scope of industries served.
•Approximately 700 SF of office space in a professional building, very clean and quiet environment with ample free parking. Seller owns the building and it is available for purchase for $25,000 or long term rent for $800 per month triple net.
•Team consists of owner (full time), one full time employee plus one part time who also is full time in tax season. Both employees are available to continue with the buyer.
•Seller will be available for an orderly transition in order to ensure a smooth transition to the new owner.
•Software in use: use QuickBooks and Profile.
