Growing year over year for the last 4 years and profitable, personal and business tax preparation and consulting business. Tax prep is the main source of revenue for the business. Some business consulting and accounting services including a review of small business quarterly and yearly business activities. 1,600 individual returns and around 20 business returns. 90 percent of annual revenues from tax return preparation. About 50 returns from outside Minnesota.
- Asking Price:
- $290,000 Furniture / Fixtures included
- Sales Revenue:
- $289,259
- Cash Flow:
- $202,175
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
Business operates from a rented office space with 4 offices. The location is in the area of the majority of the clients serviced.
Business Operation
- Expansion Potential:
-
Owner estimates he turned down preparing hundreds of returns in 2023, so there is room to grow.
- Competition / Market:
-
Normal level of competition.
- Reasons for selling:
-
Pursue other opportunities.
- Trading hours:
-
Monday-Sunday 7am-8pm
- Years established:
- 10
Other Information
- Support & training:
-
Will train for 2 weeks @ $0 cost.
- Furniture / Fixtures value:
- $10,000 - included in the asking price
- Relocatable:
- This business can be relocated.