About This Practice
Well-established with a versatile staff in place for several years and a loyal, friendly and quite diversified clientele from various sectors: service companies, self-employed workers, agriculture, construction, professionals and non-profit organizations.
Revenues are increasing and the practice is already very profitable with about 50% cash flow for the owner. The owner’s hours are relatively low at 1,500 hours/year. The company has an excellent billing history. Customers pay on time, with very few bad debts over the years. Work is generated mainly by referrals.
The management style focuses on high quality work for clients. Staff generally initiate workflow by file and check key points for the owner’s final review. Staff are conscientious, organized and hardworking, accustomed to dealing directly with clients to answer their questions and needs. The firm has a relational approach with its clients, taking the time to listen and understand what they do. This is the key to the practice’s success. The office is friendly and semi-casual.
This is a unique opportunity to acquire a very profitable business and earn excellent income. Turnover is constant throughout the year with the 4 most active months being March to June. The staff is very competent and requires little supervision. In addition, information processing and office automation systems produce effective management. The firm is well known in the region and has an excellent reputation in the community.
Having up-to-date accounting and tax skills, the ideal buyer should be committed to maintaining direct relationships with the firm’s French-speaking clientele. He or she should prefer the relaxed lifestyle of a small town. It would be perfect for an accountant who loves to work, yet be involved in an active and friendly community. For one used to developing trusting relationships with clients while addressing their accounting and tax needs, this firm is an excellent opportunity.
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