Full-service Accounting Practice in South Dakota

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Accounting Businesses for Sale

This trusted, full-service accounting practice performs bookkeeping, personal and business tax return preparations, tax planning, payroll processing audit services and start-up consulting. Year-round revenue from an existing client base with 234 individual returns (42% of revenue), 56 business returns (17% of revenue), and 25 bookkeeping clients (22% of revenue) annually. Located in a growing, regional hub city in South Dakota. The majority of the clients reside in South Dakota. Great technology already in place, including ProSeries and QuickBooks. The seller would like to work after the sale for 3-5 years and assist in a smooth transition. Office space is leased with 6 offices. With $50k down, this is a great opportunity for a start-up CPA or an established firm looking to expand. Seller is willing to consider an earnout structure for the sale.

Financial Information

  • $240,000 Asking Price
  • $42,163 Cash Flow
  • $240,000 Gross Revenue
  • $50,000 Down Payment
  • Yes Financing

Business Location

  • City: Confidential
  • State: South Dakota

Reason for Sale

  • Semi-retirement

Detailed information

  • Year Established: 1995
  • Home Based: No
  • Franchise: No
  • Relocatable: Yes
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 1
  • Part-Time Employees: N/A
  • 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?: Yes
  • FF&E Value: $15,000
Business Listed by
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Sunbelt Business Advisors
Sunbelt of St. Paul
Show Phone Number
Listing ID
MINNEMN001-50461

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