Online Accounting Firm for Sale in Western Canada

Designation:	Accounting Firm
Location:	British Columbia
Status:	SOLD
Listing ID:	BC2007
Asking:	$255,000
Annual Gross:	$249,000
Reason for Selling:	Career Change
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About This Practice

This is a two partner, online accounting practice based in British Columbia. Firm can be located anywhere in North America. There are loyal and diverse clients who enjoy the benefits of an online accounting firm. Cash flow to owner is very good. About 35-40% of revenue comes from bookkeeping. There is an excellent opportunity to grow in this market. Online accounting firms offer incredible benefits like real-time, anywhere-access for clients and their accountant. This means that this firm is seeing tremendous growth by focusing on small businesses with revenues of less than $1,000,000 per year. This firm is a Silver-Level partner of Xero and clients love having a more accurate and efficient accounting experience because of this partnership.

Ideal Buyer

Buyer should be familiar with online accounting and the model of Xero. A partnership with Xero will allow you and your clients to be more efficient and productive in a real time environment. An entrepreneur who likes to help other small business owners will be very successful. Buyer should have diverse tax and bookkeeping experience. Buyer should be open to trying new ways of doing things and want to embrace the technology and opportunities of an online accounting firm. Existing Xero partners and those interested in forming a partnership with Xero will be considered.

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About the Area

Western Canada is also referred to as the western provinces, and is a region of Canada that includes the four provinces of Alberta, British Columbia, Manitoba and Saskatchewan. As of the 2016 Census, the total population of Western Canada was nearly 11.1 million, including approximately 4.65 million in British Columbia, 4.07 million in Alberta, 1.1 million in Saskatchewan, and 1.28 million in Manitoba. Energy and Agriculture are the regions dominant industries, making the area one of the worlds largest net exporters of both energy and agricultural commodities. Abundant natural resources, thriving technology and services sectors, as well as low business costs make Western Canada an attractive place to do business!

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