Practice for Sale – Established Tax and Accounting Firm

We are pleased to present an excellent opportunity to acquire a well-established and profitable tax and accounting practice with a solid reputation for outstanding client service.

Key Highlights:

Service Breakdown:
- T1 Personal Tax Returns: 16% of revenue (approx. 411 returns annually)
- Compilations/T2 Corporate Tax Returns : 77% of revenue (approx. 130 clients)
- Reviews: 2 Reviews
- Other Tax Returns (T3/T4/T5): 5% of revenue
- Miscellaneous services: 2% of revenue

Established: Founded in 2005, the practice has built a loyal client base and a strong local presence.

Technology:
- Tax Software: TaxPrep
- Accounting Software: CaseWare and Keystone

Staffing:
- One full-time employee year-round
- One part-time employee year-around
- Both may not be willing to remain with the buyer

Owner Involvement: A partner in an affiliated office is filling in as the resident partner recently retired

Office Space:
- 1500 square feet
- Monthly rent: $3,900
- Lease assumable; available for a short term period and office can be relocated or absorbed into an existing office. Clients are not tied to a specific location

Financials: Consistent annual billings and profitability, with a strong emphasis on customer satisfaction.

This is an ideal opportunity for an individual practitioner who is a CPA and looking to grow, or an existing CPA firm seeking to expand its client base by acquiring this book of clients.