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East Metro CPA Firm with Real Estate 52086
Financial Service Businesses for Sale
- Primary Industry: Accounting & Tax Practices
Well established, full-Service accounting firm located in the East Metro. In 2023, the 720K revenue breakdown consisted of 474K for tax preparation: 100K from 102 business & 17 fiduciary tax returns and 374K from 559 individual tax returns. They provided payroll services for 44 clients totaling 73K in revenue. Accounting services, compilations and consulting added 166K. The firm uses Thomson Reuters suite of products including Ultra Tax. Both Sellers are flexible and will work as needed to ensure a smooth transition. The ideal buyer has their CPA with 5 or more years of experience working in a management or ownership role, a Wealth Manager or another CPA firm looking to increase their customer base and add a location. The firm has an excellent year-round staff willing to work flexible hours, as well as qualified seasonal workers. The building for sale or lease has 1,485 sq ft of office space and another 207 sq ft of common space.
Sunbelt Listing ID: 52086
Financial Information
- $700,000 Asking Price
- $239,025 Cash Flow
- $721,112 Gross Revenue
- $124,300 Down Payment
Business Location
- City: Confidential
- State: Minnesota
Reason for Sale
- Retirement
Detailed information
- Year Established: 1996
- Home Based: No
- Franchise: No
- Relocatable: Yes
- Lender Prequalified: No
- SBA Prequalified: Yes
- Full-Time Employees: 5
- Part-Time Employees: 2
- Contractors: N/A
- Owner Worked Hours/w: N/A
- Inventory Included: No
- Real Estate Available: Yes
- Real Estate Included: No
- Real Estate Value: $400,000
- Building Size: 1692
- FF&E Included?: No
Business Listed by
Sunbelt Business Advisors
Sunbelt of MinneapolisContact Business Broker
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