Thunder Bay , ON CPA Sole Practitioner For Sale

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Asking Price:
$250,000

Gross Revenue:
$306,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Established in 1988, this CPA practice located in Thunder Bay has annual gross revenues of more than $300,000. The practice is highly profitable, generating good cash flow to owner around 40%. Software in use includes Sage Simply, Tax Prep Suite, others. Approximately 80 bookkeeping clients, generating $208,000 of the gross revenue including T2. Between 750 and 1000 individual tax returns generating approximately $100,000. Gross revenues from Jan. 1 to July 31st, 2018 are $255,000.
This is an ideal opportunity for any CPA to step into a profitable, turn-key practice with an established book of business, staff in place, and seller’s availability to ensure a seamless transition in this very professional office setting.
Thunder Bay is the capital of Northwestern Ontario which offers a relaxing, natural atmosphere with lively urban space, a beautiful place for people that are looking to expand their horizons, their careers and themselves. A place for those looking to leave behind a high stress lifestyle with hours spent in commuter traffic and the financial pressures of exorbitant house prices. Thunder Bayans are modern, happy, proud and hardworking with a history of welcoming newcomers and enfolding them in their circle of friends

About the Business

Location:
Thunder Bay, Ontario

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Listing Info

ID:
1447341
Ad Detail Views:
193

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Business Listed by

Accounting Practice Sales

Accounting Practice Sales
License# Sherif Boctor CalBRE# 01151736

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