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Twin Cities Tax & Accounting Portfolio - $1.15M Revenue 59771

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Financial Service Businesses for Sale

  • Primary Industry: Accounting & Tax Practices

Opportunity to acquire an established Twin Cities tax portfolio generating approximately $1.15 million in annual revenue. The portfolio includes approximately 1,000 recurring engagements, consisting of roughly 70% individual returns and 30% business, trust, gift, and related tax work. Average fees are approximately $966 for individual returns and $1,685 for business returns, with a $900 minimum for most individual clients.

The practice uses a cloud-based CCH Axcess workflow. No employees are included or available with the portfolio. The ideal buyer is an established CPA or tax firm with sufficient staff, technology, and operational capacity to absorb and service this volume of work effectively. The buyer should ideally be located in the Twin Cities.

Listing ID: 59771

Financial Information

  • $1,380,000 Asking Price
  • On request Cash Flow
  • $1,151,916 Gross Revenue
  • $690,000 Down Payment
  • Yes Financing
  • N/A Adjusted EBITDA

Business Location

  • City: Confidential
  • State: Minnesota

Financing Comments

  • $650,000 cash at closing; seller financing available

Reason for Sale

  • Strategic Divestiture

Detailed information

  • Year Established:
  • Home Based: Yes
  • Franchise: No
  • Relocatable: Yes
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Part-Time Employees: N/A
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Inventory Included: No
  • Monthly Rent: N/A
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • FF&E Included?: No
Business Listed by
image of Sunbelt Business Advisors
Sunbelt Business Advisors
Sunbelt Business Advisors
Email Sunbelt
Show Phone Number
Listing ID
MINNEMN003-59771
License Number
MN License #40214109

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