Established Accounting and Tax Preparation Practice for Sale in Red Deer, AB

HR Block

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Financial Details

Asking Price:
$349,997
Annual Revenue:
$340,000
Cash Flow / SDE:
$125,000
Profit Metric:
Cash Flow
Valuation Multiple:
2.8x
Location:
Red Deer, AB, CA
Source:
Date:
November 05, 2025

Key Highlights

Established tax preparation and bookkeeping business serving personal and corporate clients.
Strong brand recognition associated with a major tax service provider (HR Block).
Management team is willing to stay post-acquisition to ensure a smooth transition.

Description

This is an excellent opportunity to acquire a well-established Accounting and Tax Practices business located in Red Deer, Alberta. The business operates under a recognized brand name (implied HR Block franchise) and serves a diverse clientele ranging from personal tax returns (T1) to corporate returns (T2), alongside general bookkeeping and accounting services. The service offering also includes specialized returns like US and Trust taxes. The seller is retiring, providing a clear motivation for the sale. Key financial metrics include $340,000 in Sales and $125,000 in Cash Flow, with an asking price of $349,997 USD. Management is committed to staying on to assist the new owner. This business is not relocatable.

Industry Information

Industry Description:
Accounting and Tax Practices
Classification:
Financial Services

Operational Snapshot

Reason for Selling:
Retirement

Real Estate & Lease

Status:
Not Included

Listing Details

Listing ID:
d796c0ce-f762-456c-9833-6f271fcd08fa
Deal Status:
For Sale
Date Posted:
August 24, 2022
Last Updated:
November 05, 2025
Currency:
USD

Features & Tags

Franchise Opportunity This listing is explicitly mentioned as a franchise opportunity. Franchise
Quality Verified This listing meets our quality criteria and standards. Verified