Southwest Metro CPA Firm w/Real Estate. 54335

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Financial Service Businesses for Sale

  • Primary Industry: Accounting & Tax Practices

Well established CPA firm for sale that provides services in tax preparation, payroll, and advisory services. In 2023, the firm has generated $345K in revenue from a range of client services; 410 individual tax returns accounted for $220K of revenue (64%), 88 business and estate returns earned of $106K of revenue (31%), accounting services and miscellaneous revenue totaled $20K of revenue (5%).
The Seller wants to continue working but would like to have a Buyer take over the ownership responsibilities so they can focus on client work. The Seller owns the real estate where the business is located and is open to either selling or leasing to a Buyer.
The ideal buyer is a CPA with 5 or more years of experience working in a management or ownership role or another CPA firm looking to scale their business and increase their client base.

Sunbelt Listing ID: 54335

Financial Information

  • $400,000 Asking Price
  • $210,047 Cash Flow
  • $358,304 Gross Revenue
  • $150,000 Down Payment

Business Location

  • City: Confidential
  • State: Minnesota

Reason for Sale

  • Life Change

Detailed information

  • Year Established: 1994
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • 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
  • Monthly Rent: $2,900
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: $325,000
  • Building Size: 1550
  • FF&E Included?: No
Business Listed by
image of Broker Profile
Sunbelt Business Advisors
Sunbelt of Minneapolis
Show Phone Number
Listing ID
MINNEMN003-54335

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