Profitable Bookkeeping Firm On Vancouver Island
Location British Columbia,Canada
Asking Price Range $250K - $500K
Gross Revenues $336000
Net Profit / Cash Flow $158000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1992
Number of Employees 4 - 5
Inventory 44000
Relocatable Yes
Number of Employees 4 - 5
Real Estate Owned
Training 4 weeks if needed
Reason for Sale Retirment
Description Chinook Business Brokers is excited to offer a unique opportunity to purchase a very profitable bookkeeping company. The firm is situated in a prime location in central Vancouver Island. After more than 20 years building this successful business, the owner has decided to retire.
The company has grown over the last few years and now has three full time bookkeepers and one part time bookkeeper. There is continued opportunity for growth as there is enough room on site to add another two full time employees. The well trained, professional staff are key to the success of this operation. The current owner would consider staying on in a part time capacity to ease the transition should the new owner's wish.
The business has a loyal client base of approximately 150 small to medium sized businesses. Monthly contracted bookkeeping services contribute about 75% of the revenue to the firm. The other 25% is comprised of tax and year-end preparation services.
This is a very solid business with growing revenues, strong net cash flow, and experienced staff. Please contact Keith MacKenzie at Chinook Business Brokers (250-710-3265) to learn more about this excellent prospect.
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