South Metro CPA Firm For Sale - $325,000 Revenue 53176

Full-Service Accounting Firm is available for sale in the South Metro. Services include bookkeeping, payroll, and individual & corporate tax. The revenue by service is approximately: 440 individual returns earning $190,000 of revenue and the business returns earn approx. $65,000, while the remaining $63,000 of revenue is from Bookkeeping, Prepared Financials, Payroll and miscellaneous. Business returns normally fall in the range of $600-$800/return, while 1040s average $400/return. While not required of the Buyer, the Eagan office has 864 sq ft of office space available. This is a great price point for a CPA to establish their own firm. The firm currently uses Lacerte for tax preparation and QuickBooks for bookkeeping. There is currently one full time employee that made $89,000/year. Seller is willing to stay on as need to transition the business. The breakdown of tax returns is as follows: 79 – S Corps 6 - Partnership’s 15 – Estate/trust’s 440 – Individual. The ideal buyer has their CPA with 5 or more years of experience working in a management/ownership role or another CPA firm looking to increase their client base.
Sunbelt Listing ID: 53176