About This Practice
Profitable small-town CPA firm in the southern Ontario region. Well-established with business client focus, strong referral traffic (minimal advertising), and reputation for great service. Dedicated, veteran staff working in a friendly office environment. Employee schedules are standard and flexible.
Management style is relaxed. Procedures in place ensure efficient workflow and quality control. Quality business clients including professionals and various service industries. Great mixture of personal tax, business tax (compilations and T2s), integrated tax planning, bookkeeping with some payroll. Growing estate work, general business consulting, government compliance assistance, and QuickBooks training and support. Very good cash flow to owner at 59%, revenues trending up, and other potential growth areas. Pricing customized per client (per services and monthly). Good payment policies. Accounts receivable at minimum.
This is an excellent opportunity for an experienced CPA who is comfortable forming interpersonal relationships with customers, building upon years of established trust, able to demonstrate professionalism. The buyer must be comfortable dealing with clients directly.
The ideal buyer will have several years of accounting and tax experience, and the ability to manage an office and staff. While financial planning knowledge is not a must, it would be an asset.
The status quo with clientele and staff is extremely positive; maintaining this and adding marketing and online presence could accelerate present growth. The new owner will have to be hands-on and enjoy their work and being part of the community.
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