This highly profitable CPA and tax advisory practice serves a loyal, long-tenured client base. The firm processed around 800 returns in the most recent tax season and provides a diversified mix of tax, accounting, payroll, bookkeeping, consulting and related advisory services.
The practice generated approximately $500,280 in trailing-twelve-month revenue and $249,293 in owner cash flow, representing an approximate 50% SDE margin. An experienced team is in place, including a full-time IRS Enrolled Agent and seasonal support staff.
The seller is open to a multi-year transition.
Qualified SBA buyers should have approximately $110,000 available for a down payment.
Listing ID: 59506
Financial Information
$650,000
Asking Price
$249,293
Cash Flow
$500,280
Gross Revenue
$110,000
Down Payment
Yes
Financing
N/A
Adjusted EBITDA
Business Location
City:
Confidential
State:Minnesota
Financing Comments
Max $130,000 seller financing.
Reason for Sale
Retirement
Detailed information
Year Established:1988
Home Based:No
Franchise:No
Relocatable:Yes
Lender Prequalified:No
SBA Prequalified:Yes
Full-Time Employees: 2
Part-Time Employees:6
Contractors:N/A
Owner Worked Hours/w:N/A
Inventory Included: No
Inventory Value:
N/A
Monthly Rent:
On request
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 800
FF&E Included?: No
Facilities
Office-based with remote service capabilities. Services are supported by phone, email, secure file exchange, and client portal
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