CPA/Tax Firm Southern MN- Highly Profitable

  • Listing# : 13606
  • Listed Price : $1,250,000
  • Total Sales : $963,500
  • SIC : 8721
  • Down Payment : $187,500
  • Status : Expired
  • Discretionary Earnings : $426,035

Business Type :

Accounting / CPA Practice, Accounting / Bookkeeping, Accounting / Tax Practice

Business Description :

Highly profitable CPA, accounting and tax firm for sale in southern MN. This accounting firm offers a full range of accounting services from audits to payroll to over 1600 clients. With 2 partners and 4 full time staff this firm has a solid reputation and great customer list. 5 additional staff come on to handle the work during tax season. 95% of tax clients drop off tax information vs coming in for face-to-face meetings. This firm has a niche position in the public/non-profit audit market. Current owners are willing to stay on for a short or extended time frame to help with the transition to new ownership. Spin-off, Book of Business Buy, or Roll-up acquisition opportunity.

Assets/Liabilities:

    • Accounts Receivable $45,000
    • Incl : No
    • Real Estate $300,000
    • Incl : Yes
    • Inventory $5,000
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $75,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $380,000
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Accounting