Toronto, ON Professional Corporation CPA Practice For Sale
Business Description
This listing will be available after July 1, 2025
•Very successful CPA firm with an excellent reputation in the GTA.
•The firm was started in 1975 as an offshoot of a larger firm that was started in 1934. There were originally three partners. One left around 1985. The other two have passed away. Current managing partner became a partner in 1989 and a second partner joined in 2002.
•Excellent cash flow to the two partners.
•Service breakdown: Accounting/Compilations/Bookkeeping:360 clients generating $849,000 of revenues(46%); Personal tax:1,300 clients generating $195,000 of revenues (11%); Other returns: 65 clients generating $107.000 of revenues (6%); Audit/reviews generating $235,000 of revenues (13%).
•Wide scope of industries served
•Service oriented firm with very stable and loyal clientele; very high client retention rate and very low employee turnaround, family style environment
•Six full time and three part-time staff willing to stay with the new buyer
•Very successful CPA firm with an excellent reputation in the GTA.
•The firm was started in 1975 as an offshoot of a larger firm that was started in 1934. There were originally three partners. One left around 1985. The other two have passed away. Current managing partner became a partner in 1989 and a second partner joined in 2002.
•Excellent cash flow to the two partners.
•Service breakdown: Accounting/Compilations/Bookkeeping:360 clients generating $849,000 of revenues(46%); Personal tax:1,300 clients generating $195,000 of revenues (11%); Other returns: 65 clients generating $107.000 of revenues (6%); Audit/reviews generating $235,000 of revenues (13%).
•Wide scope of industries served
•Service oriented firm with very stable and loyal clientele; very high client retention rate and very low employee turnaround, family style environment
•Six full time and three part-time staff willing to stay with the new buyer
About the Business
- Years in Operation
- 50
- Website
- https://accountingpracticesales.com/canada/any/ontario/20418-Toronto%2C+ON+Profe
Listing Info
- ID
- 2310978
- Listing Views
- 2040
Listing ID: 2310978 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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