About This Practice
This ground-up owner-operated cloud firm has exceptional profit at ~83% and low owner hours at ~1,500/year. Hours are very flexible allowing for a very desirable work/life balance. The industry’s most current platforms and applications are integrated to create a very high level of efficiency and productivity. Operations are clockwork. The model utilizes value pricing and revenue is primarily subscription-based with automatic payments received at the beginning of the month. Clients are progressive cloud adopters who appreciate the flow and results that the cloud model creates. The client portfolio is desirable, diverse, and stable. Clients are based primarily in Ontario (75% of clients) and 25% of the clients are English-speaking clients based in Quebec. This is an excellent opportunity for a buyer looking for a highly automated cloud operation that’s ready for rapid growth and expansion.
Ideal buyer
The ideal buyer will have a strong grasp of today’s cloud platforms and technologies. A progressive buyer will leverage the turn-key operations and highly scalable platform toward continued growth. This practice offers an excellent opportunity for a few buyer scenarios including an experienced tech-forward bookkeeper looking to own and operate a progressive cloud practice, or an existing practice looking to add in a new or an additional future-focused bookkeeping operation.
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