Northwest Minnesota CPA Firm – $435K+ Revenue. 57045

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Financial Service Businesses for Sale

  • Primary Industry: Accounting & Tax Practices

Well-established and profitable CPA practice located in Northwest Minnesota. This firm provides comprehensive services including individual and business tax preparation, payroll, bookkeeping, and trust returns. For the trailing twelve months ending April 2025, the practice generated $435,397 in revenue and $172,152 in cash flow.

Revenue is well-diversified across service lines:
• Individual tax returns make up 41% of revenue, with an average fee of $461.
• Business returns account for 18%, averaging $878 per client.
• Payroll services represent 22%, with an average client fee of $1,183.
• Bookkeeping and trust/estate services round out the remaining income with strong per-client averages.

The team includes the owner (a CPA), a full-time office administrator, and two part-time staff focused on tax, bookkeeping, and payroll.

The owner is planning for retirement and is open to a flexible transition period of up to 5 years. This opportunity is ideal for an individual CPA, EA, or an established firm looking to expand their client base and gain the support of an experienced practitioner during the transition.

Interested buyers should have approximately $100,000 in available capital for the down payment.

Sunbelt Listing ID: 57045

Financial Information

  • $400,000 Asking Price
  • $172,152 Cash Flow
  • $435,397 Gross Revenue
  • $100,000 Down Payment
  • Yes Financing
  • N/A Adjusted EBITDA

Business Location

  • City: Confidential
  • State: Minnesota

Reason for Sale

  • Transition to Retirement

Detailed information

  • Year Established: 2000
  • Home Based: No
  • Franchise: No
  • Relocatable: Yes
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Part-Time Employees: 3
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Inventory Included: Yes
  • Inventory Value: On request
  • Monthly Rent: $5,500
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Building Size: 2024
  • FF&E Included?: Yes
  • FF&E Value: On request
Business Listed by
image of Sunbelt Business Advisors
Sunbelt Business Advisors
Sunbelt of Minneapolis
Email Sunbelt
Show Phone Number
Listing ID
MINNEMN003-57045

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