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South-East Metro CPA Firm With Real Estate

Financial Information

  • Asking Price: $550,000
  • Gross Revenue: $521,728
  • Cash Flow: $251,998
  • Down Payment: $150,000
  • FF&E (Not Included): N/A
  • Inventory: N/A
  • Financing: Yes

Business Location

  • St. Paul-Minneapolis-Twin Cities
  • Minnesota
Primary Business Category: Accounting Practices

Well established, full-service accounting firm located in south-east metro area of MN. In 2020, approximately 1,480 1040 returns were prepared earning $317K of revenue (61%). Around 105 Business Tax Returns were prepared earning around $48K (9%). 65 Bookkeeping and Payroll clients accounted for $155K of revenue (30%). The Seller is willing to work during the transition as needed. There is an experienced staff of bookkeepers and tax preparers ready to assist the new owner. Real estate is available. Excellent opportunity to acquire an income producing property with the business. The ideal buyer has their CPA with 5 or more years of experience working in a management or ownership role or another CPA firm looking to increase their client base.


Financing Comments

Retirement


Reason For Sale
Retirement
  • Home Based: No
  • Year Established: 1995
  • Franchise: No
  • Year Acquired: 1995
  • Willing to Train: Yes
  • Relocatable: Yes
  • Required Licences:

  • Is Property Leased: No
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Real Estate Asking: $450,000
  • Fulltime Employees: 3
  • Part time Employees: 3
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $0
  • Building Size: 5000 sq ft
  • Monthly Rent: N/A

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Business Listed by

Sunbelt Minneapolis

Contact:
Office Phone: 612-455-0880
Mobile Phone:
Listing ID: MINNEMN003-N2343

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