Highly Profitable Southern Minnesota CPA Firm – $1.9 Million Revenue 59701

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Financial Service Businesses for Sale

  • Primary Industry: Accounting & Tax Practices

Established full-service CPA firm serving Southern Minnesota with approximately $1.90 million in trailing revenue and $989,000 in seller’s discretionary earnings. The diversified, recurring service mix includes individual and business tax preparation, payroll, bookkeeping, lawful gambling services, assurance engagements, and consulting.

An experienced team supports tax, accounting, payroll, bookkeeping, audit, office management, and client service. Demand exceeds capacity: the firm continues to turn away multiple prospects each week.

Growth opportunities include adding professional capacity, converting unmet demand, and expanding services.

Real estate is available separately for $600,000 or may be leased.

Listing ID: 59701

Financial Information

  • $3,500,000 Asking Price
  • $988,698 Cash Flow
  • $1,896,527 Gross Revenue
  • $400,000 Down Payment
  • Yes Financing
  • $788,698 Adjusted EBITDA

Business Location

  • City: Confidential
  • State: Minnesota

Financing Comments

  • $2,800,000 cash at closing.

Reason for Sale

  • Retirement

Detailed information

  • Year Established: 2005
  • Home Based: No
  • Franchise: No
  • Relocatable: Yes
  • Lender Prequalified: No
  • SBA Prequalified: Yes
  • Full-Time Employees: 5
  • Part-Time Employees: 1
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Inventory Included: No
  • Inventory Value: N/A
  • Monthly Rent: $5,000
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: $600,000
  • Building Size: 4800
  • FF&E Included?: Yes
  • FF&E Value: On request

Real State Description

  • Available separately for purchase or lease.
Business Listed by
image of Sunbelt Business Advisors
Sunbelt Business Advisors
Sunbelt Business Advisors
Show Phone Number
Listing ID
MINNEMN003-59701
License Number
MN License #40214109

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