- Listing ID: 846361
- (Seller ref: 001-N5)
**SOLD** Tax Preparation Company In London Ontario For Sale
Under Offer
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Summary
- Asking price:
- $40,000 (Furniture / Fixtures included)
- Sales revenue:
- $30,400
- Cash flow:
- $28,500
- Business closed / Asset sale:
- Yes
- Years established:
- 17
- Employees:
- 1
- Home based:
- This business can be run from home.
- Relocatable:
- This business can be relocated.
Business description
This Tax Preparation company has been established for more than fifteen years as a sole proprietorship. The company has a well established customer base and an excellent customer retention rate. Requiring minimal working capital at acquisition, this business generates seasonal revenue allowing the owner to pursue other endeavours during the remainder of the year if desired.
Other information
- Expansion potential:
- Potential improvement to the Business as identified by the Seller could be as follows:
* A new owner could choose to increase their customer base with the addition of extra employees and/or contracted tax preparers;
* A new owner could expand the ‘off tax season’ clientele by adding either corporate tax and/or bookkeeping services.
- Competition / Market:
- Tax preparation services are companies where brand, price, longevity, experience, and location all play a role in customer attraction and retention. By virtue of its performance in these key areas, as well as quality and service focus, the company has built its reputation and brand in the marketplace.
- Support & training:
- A background in tax preparation is strongly encouraged for potential Buyers, though it is possible to acquire the appropriate training prior to the next tax season. A foundation in bookkeeping practices for small business would also be an asset.
- Reasons for selling:
- The owner is moving and selling his home along with the attached office location.
- Financing available:
- Please contact.
- Furniture / Fixtures value:
- $1,750 (included in the asking price)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
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