Established in 1991, the owner of this successful accounting practice is now ready to begin transitioning into retirement. The owner will be available on a part-time basis for a period of one year or longer if desired.
Projected gross revenues for fiscal 2023 is $260,000. The billings include 60 compilation engagements and approximately 250 personal tax returns, with T1 gross billings of $38,000. The practice uses Account Edge, QuickBooks, Caseware and Cantax. There are no employees.
The practice is located in a condo in an industrial area. The purchaser of the practice will have the first opportunity to purchase the condo, valued at $600K. If the purchaser does not buy the condo, it will be sold after 2 years.
With an accessible location in Vaughan, Ontario, this is a turnkey practice just waiting for the right owner to move in!