Olmsted County Accounting and Tax Practice

  • Listing# : 17163
  • Listed Price : $575,000
  • Total Sales : $627,170
  • SIC : 8721
  • Down Payment : $143,750
  • Status : Active
  • Discretionary Earnings : $195,147

Business Type :

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

Business Description :

For sale is an Olmsted County based accounting and tax practice.  The owner of the business has been building the practice for several decades and is now ready to hand over the reins to a new owner.  Known for its great reputation and high-quality work this business is poised to continue growing with the community around it.  Limited by the current owner's willingness to hire staff and take on clients, this business enjoys many opportunities for growth.

The current owner works full-time in the business and there are 3 full-time staff.  The business has a convenient location and a professional workplace set up to allow for easy workflow and client interactions.  In addition, the company utilizes the latest, most sophisticated tax return software and tax resources to stay abreast of the latest tax changes.  In addition to tax returns the company provides general accounting and bookkeeping services and payroll services to round out its offerings to clients.  This firm differentiates itself from other firms by offering high quality consulting services and accounting outcomes to its customers.

Seller is most interested in finding a buyer that has experience to replace the seller in time.  The seller is interested in staying on full-time for the transition and for tax season into the foreseeable future.  Generous seller financing is available for a well-qualified buyer.


    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $2,000
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $25,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $27,000
    • Incl : Yes

Lender Prequalified: No

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