Hot Listing
CPA Firm - Turnkey, Growing Profitability and Semi-retired Partner
Business Description
Profitable growing CPA practice with growth potential
Multiple offers have been received and we are holding all offers until 5:00 PM EST on September 5. Interested parties are encouraged to submit their best and final offers by this deadline for consideration.
Profitable turnkey CPA firm for sale in Ottawa, with two offices and a long-standing team supporting minimal owner involvement. The practice serves a stable, multi-entity client base across retail, professional services, and investment sectors, with year-over-year profitability growth and a modern, remote-enabled operational model. Much of the service delivery and staffing is already handled remotely, offering a scalable foundation for a buyer to expand further in this direction. Owned by three non-CPA investors and a semi-retired Managing Partner CPA in his 60s, the firm is ideal for a CPA looking to actively grow or a silent investor seeking a stable, future-ready asset in Canada’s capital.
Profitable turnkey CPA firm for sale in Ottawa, with two offices and a long-standing team supporting minimal owner involvement. The practice serves a stable, multi-entity client base across retail, professional services, and investment sectors, with year-over-year profitability growth and a modern, remote-enabled operational model. Much of the service delivery and staffing is already handled remotely, offering a scalable foundation for a buyer to expand further in this direction. Owned by three non-CPA investors and a semi-retired Managing Partner CPA in his 60s, the firm is ideal for a CPA looking to actively grow or a silent investor seeking a stable, future-ready asset in Canada’s capital.
About the Business
- Years in Operation
- 20
- Number of Employees
- 10
- Facilities & Assets
- The practice operates across two leased office locations—Location 1 with five private offices and a boardroom, and Location 2 with two private offices and a boardroom. These facilities have been upgraded, and are well-maintained while supporting both in-person and remote workflows. The leases can be transferred or exited, offering flexibility for buyers. All office assets, furnishings, and systems required for ongoing operations are included in the sale, supporting a smooth and immediate transition.
- Market Outlook / Competition
- Ottawa is Ontario’s second-largest city by both population and GDP, and as the nation’s capital, it benefits from a stable economic base driven by government, technology, professional services, and real estate. Unlike the Greater Toronto Area, which is densely served by accounting and advisory firms, Ottawa presents a less saturated market with fewer direct competitors.
- Opportunities for Growth
- The firm has significant untapped potential for growth. It currently has minimal presence in the technology and government sectors—two of Ottawa’s largest and most stable industries. A buyer with connections or targeted outreach in these verticals could quickly capture market share. Additionally, there is limited focus on higher-value service lines such as corporate tax planning and assurance engagements, presenting an opportunity to expand offerings and drive both revenue and margins.
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Semi-retired Managing Partner
- Transition Support
- Support and training can be tailored to the buyer’s needs, with transition assistance available for as long or as little time as required. Leadership is committed to ensuring continuity through knowledge transfer, client relationship support, and operational guidance.
- Financing Options
- 90%+ Bank Financing Available for CPAs
Listing Info
- ID
- 2401860
- Listing Views
- 1098
Listing ID: 2401860 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.
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