Duluth Area Tax Firm with Real Estate Available

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Accounting Businesses for Sale

For sale is a Duluth area tax firm that primarily focuses on preparing 1040 tax returns. Around 300 individual tax returns were prepared last tax season for an average fee of $315, in addition to a few business returns. Revenues have increased substantially in the last couple years due to a decline of tax preparers that have retired. The Seller is available to assist as needed to ensure a smooth transition. The ideal buyer has their CPA or EA, a wealth manager, or another CPA Firm looking to increase their client base. The Seller would prefer a Buyer purchase or lease the Real Estate which is one of the few commercial buildings available in the area. Sunbelt Listing ID: 52026

Financial Information

  • $100,000 Asking Price
  • $56,427 Cash Flow
  • $100,200 Gross Revenue
  • $18,000 Down Payment

Business Location

  • City: Confidential
  • State: Minnesota

Reason for Sale

  • Retirement

Detailed information

  • Year Established: 2004
  • Home Based: No
  • Franchise: No
  • Relocatable: Yes
  • Lender Prequalified: No
  • SBA Prequalified: Yes
  • Full-Time Employees: 1
  • Part-Time Employees: 1
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Inventory Included: No
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: $0
  • FF&E Included?: No
Business Listed by
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Sunbelt Business Advisors
Sunbelt of Minneapolis
Show Phone Number
Listing ID
MINNEMN003-52026

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