885 Buyers Online Now
Buy Business Sell Business Business Brokers My Account

Southwest Metro MN CPA Firm - SBA Financing

St. Paul-Minneapolis-Twin Cities, Minnesota, United States
Photos Website Map
Asking Price$790,000
Revenue$789,000 Established1986
Cash Flow$214,099 Employees3 full, 1 part
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableYes
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Well established, full-service accounting firm located in the southwest metro area of MN.  In 2020, approximately 1,280 individual tax returns accounted for $430K of revenue (54%), 223 entity tax returns earned $165K of revenue (21%), while Accounting Services, QuickBooks, Consulting, and Payroll revenue totaled to 194K (25%).  The firm processes 940/941 returns for 65 clients, prepares weekly/biweekly payroll for 21 clients, provides routine bookkeeping for approximately 10 clients, and they do year-end bookkeeping for tax returns for approximately 50 clients.  One partner is willing to stay on for 1 or 2 years to assist with the transition, while the other wishes to retire after a brief transition.  The firm is well staffed and operates out of an excellent building in a thriving business community.   The ideal buyer has their CPA with 5 or more years of experience working in a management or ownership role or another CPA firm looking to increase their client base.
Seller Financing:SBA Financing
Sale Reason:Retirement
Ad #129615
Seller Reference #MINNEMN003-N2342
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
Contact This Seller
Email Address