Saskatoon, SK Tax and Accounting Practice For Sale - Business for Sale

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Tax and Accounting Practice in Saskatoon, SK

Canada
Added 1 month ago
Tax and Accounting Practice
9 years in business
Absentee / Semi-Absentee

This is a sole practitioner tax and accounting firm based in Saskatoon, SK, serving a mix of personal, corporate, and bookkeeping clients, with operations established in 2017.

Key Information

Asking

$255K

Revenue

$205K

Earnings

$164K

Multiple

1.6x

Key Highlights

  • Business was incorporated in 2017 and has been operating for 9 years
  • Service breakdown: 44% T1 personal tax returns (approx. 190 returns annually at $475 each), 39% T2 corporate tax returns (approx. 17 clients at $4,715 each), 11% bookkeeping and management reports (approx. 14 clients at $1,617 each), and additional billings totaling $12,700 from 3 NPOs, 2 estates, and 1 Agristability client
  • Client interaction: approximately 53% virtual, 23% by mail, and 24% in person
  • Sole practitioner with no support staff
  • Seller-owned office building near Saskatoon available for purchase at $30,000 CAD (optional), current office rent is $600 CAD per month plus HST on a month-to-month lease

Contact Info

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