​This sole proprietor firm was established close to 15 years ago, and has more than 300 clients-- mostly long term, high net worth clients, with recurring services.  The practice offers audits, compilations, estate and trust work, personal and corporate tax return preparation, consulting, T4 and T5 preparation, and bookkeeping services.  Client base is skewed more towards passive income, rather than active businesses, with significant tax emphasis. Much of the client contact can be done virtually.   In addition to the proprietor, the practice employs one full-time professional and one part-time administrative staff, and two seasonal contract staff.  The proprietor would like to retire after this year, and is willing to assist in transition as much or as little as required. Ideal purchasers for this practice would include a firm with a few partners, or a multi-partner firm looking to grow their practices, and/or cross-sell their other service offerings, with strong potential for referrals.  The successful purchaser will have a wonderful opportunity to acquire a stable and diversified client base with low overhead; expand the existing business, revenue and cash flow; and enhance their existing client service offerings.