Full cloud, full remote. Established ground-up. Award winning. Exceptional opportunity.

About This Practice

This is an exceptional opportunity to own a full cloud and fully remote practice. Engagements include bookkeeping, corporate tax, personal tax, and business consulting. The firm was created as a cloud firm from the ground up. There are two owners/partners who each work part-time in the practice. There are no employees and no subcontractors. A sole owner could operate the practice with very reasonable and flexible owner hours, or could leverage the existing systems to continue to grow the practice. Systems and processes are easily scalable allowing for ongoing growth and further development. The firm has earned industry awards for process automation and integration. Efficiency is very high and contributes to outstanding profitability tracking at 80%. The national (Canadian) client base is made up of fully engaged entrepreneurs in stable industries. Clients value the proactive onboarding approach and the ongoing efficiency of the systems and processes including the stand-out client support strategies of the practice. Strong client and vendor relationships bring regular quality referrals. Only ideal clients are retained to maintain efficiency and profitability. Revenues are monthly recurring subscription based.

Ideal buyer

The ideal buyer will have very strong knowledge and experience with cloud operations, including the Xero platform (QBO is not currently used). Sound general business knowledge is also required. A growth-minded buyer can leverage proven systems to scale revenue. A buyer with experience in complementary services has the opportunity to add to the existing service mix. The owners have identified SRED, fractional CFO service, and tax planning for high wealth clients as some areas of future opportunity. The ability to build strong relationships will provide clients with the personable service they have become familiar with. This is an exceptional opportunity to own a highly profitable full cloud firm with proven success strategies and many future growth options.