SW Durham Region Profitable CPA Firm

Durham, ON

SW Durham Region Profitable CPA Firm
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Asking Price: $300,000

Cash Flow: N/A

Gross Revenue: $260,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

SW Durham Region Profitable CPA Firm

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Business Description

This is an established CPA firm for small businesses and individuals. Business services account for about 50% of the practice and include compilations and some bookkeeping. The other half of the practice is individual tax and a small amount of estate work. No reviews or audits. The practice is known for its accuracy, responsiveness, and attention to detail. Its loyal clients give quality referrals.
Revenue is stable and the firm has very good cash flow to owner of 50%. Excellent billing and payment track record with clients paying on time. Owner hours are low and the owner enjoys a balanced schedule with flexible time off. This CPA firm has hard-working and capable staff. The office has a friendly and casual environment while maintaining a professional atmosphere. There is a good division of work. Task responsibilities are clear and regular meetings ensure that work is completed in a timely manner.
Client confidence is high. Industries include consultants, professionals, investment companies, trades and construction. No particularly large clients and the client age range is broad. Clients appreciate the attention to detail and that their accounting needs are managed for them. The practice provides personalized service to a loyal client base.

Detailed Information

Reason for Selling:
Retirement
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Stephanie Smith

Business Listed By:
Carol Poe

Poe Group Advisors

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