East Metro CPA Firm with Real Estate

Well established, full-Service accounting firm located in the East Metro. In 2023, the 720K revenue breakdown consisted of 474K for tax preparation: 100K from 102 business & 17 fiduciary tax returns and 374K from 559 individual tax returns. They provided payroll services for 44 clients totaling 73K in revenue. Accounting services, compilations and consulting added 166K. The firm uses Thomson Reuters suite of products including Ultra Tax. Both Sellers are flexible and will work as needed to ensure a smooth transition. The ideal buyer has their CPA with 5 or more years of experience working in a management or ownership role, a Wealth Manager or another CPA firm looking to increase their customer base and add a location. The firm has an excellent year-round staff willing to work flexible hours, as well as qualified seasonal workers. The building for sale or lease has 1,485 sq ft of office space and another 207 sq ft of common space.
Sunbelt Listing ID: 52086


Listing ID:
52086
Industry:
Accounting Practices
Location:
Minnesota
Revenue:
$721,112
Business Price:
$700,000
Down Payment:
$124,300
SDE (Cash Flow):
$239,025
Real Estate for Sale:
Yes
Real Estate Price:
$400,000
Listing Agent:
Matt Sobieski
Years in Business:
20+ years
Is this a franchise:
No
Employees (Full-Time):
5
Employees (Part-Time):
2
Reason for selling:
Retirement
SBA Financing Available:
Yes

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