Northern Peterborough County Bookkeeping and Tax Practice For Sale - Business for Sale
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Bookkeeping and Tax Practice in Northern Peterborough County, Ontario
No Location Specified
Added 4 months ago
Bookkeeping and Tax Practice
51 years in business
An established bookkeeping and tax practice in Northern Peterborough County, Ontario, providing personal and corporate tax returns, payroll processing, and bookkeeping services since 1975.
Key Information
Asking
$800K
Revenue
$676K
Earnings
$329K
Multiple
2.4x
Key Highlights
- Years established: 51 (founded in 1975)
- Service breakdown: 19% T1 personal tax returns (approx. 850 returns annually at $150 each), 9% T2 corporate tax returns (approx. 45 clients at $1,450 each), 3% payroll processing (approx. 22 clients at $950 each), 67% bookkeeping and management reports (approx. 55 clients at $8,300 each)
- Five full-time employees year-round and one part-time employee in tax season
- Office space: approximately 1,000 sq ft, monthly rent $2,500 + HST, lease assumable
- Owner is fully involved in the business
Contact Info
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