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South Metro MN CPA Firm with Real Estate - SBA Financing

St. Paul-Minneapolis-Twin Cities, Minnesota, United States
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Asking Price$720,000
Revenue$719,821 Established1964
Cash Flow$185,697 Employees6 full, 3 part
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableYes
Real EstateUndisclosed* Home-basedNo
* Included in Asking Price
Well-established, full-service accounting firm located in the south metro area of MN. In 2020, approximately 1,250 individual tax returns accounted for $445K of revenue (62%), 120 tax returns earned $71K of revenue (10%), while Accounting Services, QuickBooks consulting and Payroll revenue totaled to 200K (28%).  The Seller is willing to stay on for 1 or 2 years to assist with the transition.  The 4,300 sq foot building is also for sale for $200,000.  The firm currently Thompson Reuters software products including Ultra Tax and Creative Solutions.  
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 #129616
Seller Reference #MINNEMN003-N2347
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