Bookkeeping, Accounting & Consulting Practince
Location Alberta,Canada
Asking Price Range < $250K
Gross Revenues $220000
Net Profit / Cash Flow $101000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2010
Number of Employees 1 - 3
Inventory 1358
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training The owner will provide sufficient training to allow for a smooth transition.
Reason for Sale The owner would like to retire.
Description VR Business Sales Presents:Located approximately 1.5 hours drive north of Edmonton, Alberta, this multi-disciplinary consulting firm provides a full range of accounting and business consulting services. Accounting services includes bookkeeping, payroll, GST filing, corporate tax return preparation and financial reporting. The company does not file T1 or T2 but refer them to accountants in the area. A buyer with accounting background could keep the tax filing revenue in house. Consulting services are customized based on the clients needs. Services provided include business plan preparation, regulatory compliance, contract preparation, HR and other administrative functions. The company developed a propriety safety management system that provides businesses in the oilfield services sector with safety system setup, audit and data management. The currently recurring income consists of primarily bookkeeping (90%)with a small percentage of safety system management. The propriety safety system management program has great potential for increasing revenue and recurring income.
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