Practice for Sale – Well Established Accounting and Tax Firm
Presented by Alan Liverman

We are pleased to present an excellent opportunity to acquire a well-established and profitable accounting and tax practice with a solid reputation for outstanding client service. Please note this is NOT a virtual practice nor can it be operated remotely. The buyer should be available in the Muskoka area.

Key Highlights:
- Service Breakdown:
- T1 Personal Tax Returns: 27% of revenue (approx. 425 returns annually)
- Bookkeeping & Accounting Services/Compilations, including T2 returns: 73% of revenue (approximately 80 clients)

Established: Founded in 1986, the practice has built a loyal client base and a strong local presence.

Technology:
- Tax Software: Cantax
- Accounting Software: QuickBooks Online and Desktop, Sage, CaseWare

Staffing:
- No employees

Owner Involvement: The current owner is the sole employee, works approximately 1,200 hours p.a., and is now looking to retire.

Office Space: Home based practice: no office space

Financials:
- Consistent annual billings and profitability, with a strong emphasis on customer satisfaction.
- Above average cash flow to owner

This is an ideal opportunity for an individual practitioner looking to grow, or an existing firm seeking to expand its client base with a turnkey operation.