East Metro CPA Firm with Real Estate

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Accounting Businesses for Sale

Well established, full-Service accounting firm located in the East Metro. In 2021, the 680K revenue breakdown was 199K monthly accounting & payroll services, 12K assurance work, 33K of consulting income, totaling 244K for non-tax preparation work. Tax Preparation consisted of 436K: 94K from 113 business & 28 fiduciary tax returns and 343K from 620 individual tax returns. 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 excellent year-round staff with flexible hours and seasonal workers.
Sunbelt Listing ID: 52086

Financial Information

  • $700,000 Asking Price
  • $182,463 Cash Flow
  • $689,413 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
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Sunbelt Business Advisors
Sunbelt of Minneapolis
Email Sunbelt
Show Phone Number
Listing ID
MINNEMN003-52086

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