South-Eastern Ontario Bookkeeping & Tax Practice for Sale
Business Description
This well-established accounting and tax practice generates annual revenues of approximately $278,000, offering buyers a solid mix of recurring business clients and a large, loyal tax base.
Key Highlights
- Revenues: $278,015
Service Mix:
- Individual tax returns – $144,054 (52%)
- Bookkeeping & payroll (30 monthly clients) – $100,694 (36%)
- Corporate tax returns – $25,467 (9%)
- Consulting – $7,800 (3%)
Client Base: Over 1,369 individual clients and 45 corporations. The practice comes with 1 staff.
Stability: More than one-third of revenues come from monthly bookkeeping/payroll, ensuring predictable cash flow.
Growth Potential: Opportunity to expand corporate tax and advisory services.
Software: Profile, Sage 50
Key Highlights
- Revenues: $278,015
Service Mix:
- Individual tax returns – $144,054 (52%)
- Bookkeeping & payroll (30 monthly clients) – $100,694 (36%)
- Corporate tax returns – $25,467 (9%)
- Consulting – $7,800 (3%)
Client Base: Over 1,369 individual clients and 45 corporations. The practice comes with 1 staff.
Stability: More than one-third of revenues come from monthly bookkeeping/payroll, ensuring predictable cash flow.
Growth Potential: Opportunity to expand corporate tax and advisory services.
Software: Profile, Sage 50
About the Business
- Years in Operation
- 35
- Website
- https://accountingpracticesales.com/canada/any/ontario/20844-South-Eastern+Ontar
Listing Info
- ID
- 2414715
- Listing Views
Listing ID: 2414715 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.