Listing Number Location Annual Gross Asking Price Status
ON1050 Thunder Bay $306,000 $250,000 Available

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

To obtain additional information on this practice go to Request More Information and register with broker. You can also be placed on a free listing notification list. Not all information is included above due to confidentiality concerns. The information is provided by sellers and has not been audited or verified by Accounting Practice Sales, Inc. or any of its independent brokers. Buyers are responsible for their own due diligence before buying any practice. Buying and operating a tax or accounting practice involves a certain amount of risk and requires business experience and professional skills.

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