London, ON, Bookkeeping, Tax & Payroll Practice for Sale
Asking Price: | $300,000 |
Established Year: | 2010 |
Gross Revenue: | $227,445 |
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
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