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Central Minnesota Based Cpa Firm €“ Ttm $1.9m+ Revenue 55892 For Sale

Minnesota, US
Asking Price:
$2,800,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,978,656
Cash Flow:
$831,426

Highly reputable CPA firm for sale that provides tax preparation, financial planning, audits, payroll, and consulting services for individuals, businesses, and nonprofit organizations. The firm’s average 1040 rates in 2023 were $880 per return, accounting for 34% of the firm’s revenue. Meanwhile, the average business client’s annual fees were $2,100, generating 26% of the firm’s revenue. Bookkeeping services average at $3,700 per client, accounting for 15% of the firm’s revenue.

Ideal buyer: CPA or EA with 5+ years in management or ownership role, or another accounting firm or wealth manager aiming to scale and increase its client base.

Sunbelt Listing ID: 55892
Real Estate Available: No
Real Estate Included: No

Detailed Information:
Lender Prequalified: No
SBA Prequalified: No

Property Information

Size in square feet:
4,000

Business Operation

Reasons for selling:

Retirement/Merger

Employees:
Full Time: 7, Part Time: 2

Other Information

Financing available:

Downpayment Required: $420,000.00
Financing is available