Northern Minnesota Based Accounting Firm – $560,000 2024 Revenue 56559

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Financial Service Businesses for Sale

  • Primary Industry: Accounting & Tax Practices

Highly Reputable Accounting Firm for Sale
Well-established accounting firm offering tax preparation, payroll, and bookkeeping services for individuals, businesses, and trusts/estates.

• Tax Preparation: In 2024, the firm’s average 1040 fee was $447, contributing 43% of total revenue.
• Business Clients: Average annual fees of $741, generating 18% of revenue.
• Bookkeeping Services: Average client fees of $2,880, representing 13% of revenue.
• Payroll Services: Average client fees of $2,400, contributing 26% of revenue.

Ideal Buyer: A CPA or EA with 5+ years of experience in management or firm ownership, or an accounting/tax firm looking to scale and expand its client base.

Interested buyers should have $120,000 in available capital for the down payment.

Sunbelt Listing ID: 56564

Financial Information

  • $600,000 Asking Price
  • $310,667 Cash Flow
  • $560,406 Gross Revenue
  • $120,000 Down Payment
  • Yes Financing

Business Location

  • City: Confidential
  • State: Minnesota

Reason for Sale

  • Retirement

Detailed information

  • Year Established: 2000
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 3
  • Part-Time Employees: N/A
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Adjusted EBITDA: N/A
  • Inventory Included: Yes
  • Inventory Value: On request
  • Monthly Rent: N/A
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: $275,000
  • Building Size: 3000
  • FF&E Included?: Yes
  • FF&E Value: On request
Business Listed by
image of Sunbelt Business Advisors
Sunbelt Business Advisors
Sunbelt of Minneapolis
Show Phone Number
Listing ID
MINNEMN003-56559

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