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Twin Cities CPA Firm W/real Estate €“ Over $2.5 Million In Revenue 55452 For Sale

Minnesota, US
Asking Price:
$3,250,000 Furniture / Fixtures included
Sales Revenue:
$2,533,313
Cash Flow:
$790,618

Well established, and highly profitable CPA firm for sale. With an experienced staff of over 10 employees, this firm is well positioned for continued growth.

As of April 2024, the firm has generated over $2.5 Million in revenue from a range of client services. In the 2023, approximately 2,500 individual tax returns accounted for $820K of revenue (34%), 435 business and estate returns earned $503K of revenue (21%), bookkeeping revenue totaled $545K of revenue (23%), while attest work, consulting, and miscellaneous revenue totaled 512K (22%).

The firm’s CPA partners are at various stages of their careers but are all willing to remain with the firm to ensure a smooth transition. The firm owners also own the building where the business is located and are open to either selling or leasing to a Buyer. A bank commissioned appraisal is pending.

The ideal buyer is another accounting firm or private equity firm already involved in the accounting industry.

Sunbelt Listing ID: 55452
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value: -3

Detailed Information:
Lender Prequalified: No
SBA Prequalified: No
Rent: -3

Property Information

Size in square feet:
6,000

Business Operation

Reasons for selling:

Retirement/Merger

Employees:
Full Time: 5, Part Time: 3
Years established:
34

Other Information

Financing available:

Downpayment Required: -------

Furniture / Fixtures value:
$50,000 - included in the asking price