London, ON, Bookkeeping, Tax & Payroll Practice for Sale

Ontario
listing image
Sale Pending
Asking Price:$300,000
Established Year:2010
Gross Revenue:$227,445
BUSINESS DESCRIPTION

Alan Liverman is pleased to introduce:
• Very successful well established bookkeeping, tax and payroll practice with an excellent reputation. 
• Structure of purchase: Share sale
• Excellent cash flow 
• Firm has been in existence since 2010. 
• Service breakdown: Bookkeeping and related services approximately 29% (20 Corporate Clients); T2/T3 Returns approximately 25% (91 returns); Personal tax approximately 43% (1,004 T1); Payroll/HST approximately 3%.
• Diverse scope of industries serviced
• No staff comes with practice, seller is available to continue on a part-time basis if buyer desires
• The practice operates from a 791 square foot office. Net monthly rent is $1,000, lease assumable and expires September, 2028
• Software in use: QuickBooks and TaxCycle


DETAILED INFORMATION
Location
Ontario
Inventory
Not Included in asking price
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Sonia Albert
Accounting Practice Sales
Sonia Albert