Gananoque/Brockville/Prescott, On., Bookkeeping, Tax and Wealth Firm - Business for Sale
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Bookkeeping, Tax, and Wealth Management Firm in Ontario
No Location Specified
Added 26 days ago
Bookkeeping, Tax, and Wealth Management Firm
37 years in business
Retiring Owner
This business is a sole practitioner bookkeeping, tax, and wealth management firm based in Gananoque, Brockville, and Prescott, Ontario, serving individual and corporate clients with tax preparation, bookkeeping, consulting, and wealth management services.
Key Information
Asking
$249K
Revenue
$196K
Earnings
$150K
Multiple
1.7x
Key Highlights
- Years established: 37 (incorporated in 1989)
- Service breakdown: 31% T1 personal tax returns (approx. 330 returns at $180 each), 31% T2 corporate tax returns (approx. 41 clients at $1,500 each), 11% bookkeeping/management reports (21 clients at $1,750 each), 8% other returns (60 clients at $200 each), 10% consulting/tax planning (4 clients at $5,000 each), 10% wealth management (5 clients at $4,000 each; seller willing to exclude this portion, approx. $20,000 annually, if allowed to continue services)
- Business model: Sole practitioner, home-based, operated by seller and spouse (both retiring)
- Location: Ontario (Gananoque/Brockville/Prescott area); not a virtual practice
Contact Info
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