25+ Year Tax & Bookkeeping Practice

Windsor, ON (Relocatable)

Seller Financing Available
25+ Year Tax & Bookkeeping Practice
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Asking Price: $225,000

Cash Flow: $125,000

Gross Revenue: $400,000

EBITDA: N/A

FF&E: $5,000

Inventory: N/A

Rent: $1,500 /Month

Established: 1990

25+ Year Tax & Bookkeeping Practice

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Business Description

Established tax & bookkeeping practice serving clients in the Windsor-Essex County area. Revenues are split between Personal tax preparation (approx. 65%), business Bookkeeping & Consulting (approx. 25%) and Corporate, Proprietorship, and Partnerships tax preparation (approx. 10%). The practice has a good reputation in the community and loyal longstanding client base. Clients include families with a variety of tax accounting needs, individuals with yearly personal tax filings and well-known local businesses. The purchase of this practice would be an excellent fit to either an existing tax and bookkeeping practice, or a new start up accounting firm.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
N/A
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The practice is centrally located near major traffic arteries. The approximate 1200 sqft of office is well laid out to handle 5-6 Tax and Bookkeeping professionals, office area for administration, plus space for extra help during tax season. Furniture, fixtures, equipment, are included in the price.
Competition:
Quality and loyal client baseā€¦ competes with many local accounting firms and tax preparation franchises offering typical tax return, bookkeeping and basic accounting services.
Growth & Expansion:
Has seen steady consistent growth over the years with limited advertising. Client base is ideal for someone wishing to start a tax and Bookkeeping firm or an existing practice looking to add more depth to their client list.
Financing:
Will finance for Qualified Buyers
Support & Training:
Transitional Training Available
Reason for Selling:
Retirement
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Bill Sivell

Business Listed By:
Bill Sivell

Liberty Business Brokers of Ontario

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