An Established Virtual Bookkeeping and Payroll Firm
A fully remote bookkeeping and payroll firm in Canada with more than 15 years of history, serving businesses for one monthly fee. 93.6% of revenue is recurring, no client is above 7.2% of fees, and a team of more than 20 delivers the work without the owner as any client's contact.
FY2025. Ten months to 31 October 2026: revenue $1.32M, normalized EBITDA $490K, a 37.1% margin.
Why this stands apart.
Recurring, diversified revenue
93.6% of FY2025 revenue of $1.59M is recurring monthly fees. The largest client is 7.2% of fees and the top ten are 34.6%.
Runs without the owner
The owner is the designated contact for no client. Each client has a lead bookkeeper and two cross-trained bookkeepers, and a Team Leader with more than 10 years at the firm runs daily operations.
Growing earnings
Normalized EBITDA rose 62.3% from FY2023 to FY2025, to $534K at a 33.6% margin, the 78th percentile of comparable firm sales that report EBITDA. SDE was $620K.
Documented, scalable delivery
Fully cloud based, with more than 60 active workflow checklists, hundreds of knowledge base resources, and in-house and offshore teams.
Simple to own
No lease and no public accounting licence needed. Fees are billed in advance, so receivables are small, and software licences and client data are held in the company's name.
Planned retirement
The owner offers a 3 to 6 month transition, a longer consulting role if wanted, and reasonable non-compete and non-solicitation agreements.
How to take the next step.
100% of the shares are offered. Buyers submit a signed, non-binding Expression of Interest covering the price on a cash-free, debt-free basis, the structure (the vendor prefers a share sale) and payment terms including any vendor take-back, the key assumptions, the buying entity and its background, plans for the team and clients, the transition support wanted, financing and proof of funds, conditions, and timing. All inquiries go through the broker. Please do not contact the company, its owner, team or clients.
Download the full CIM.
Full financials, normalization, transferability, and the transaction process — circulated without an NDA. We’ll send it to you and the broker will follow up.
All inquiries to the broker.
Direct contact with the business’s owners, staff, clients, or landlords is not permitted. The broker handles all questions and qualification.
This listing is a summary marketing document. Information is provided by the seller and has not been independently verified; recipients should conduct their own due diligence and consult their own legal, tax, and financial advisors. The identity of the business is not disclosed and is gated. Independently owned & operated.