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Accounting & Tax Practices
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Accounting and Tax Preparation Firm for Sale

Minnesota, United States
Asking Price$650k
Revenue$751k
EBITDA-
Cash Flow$245k
Description
This listing is full-service Tax Preparation and Accounting Firm established over 40 years in the South Metro. Seller working toward retirement and is willing to transition within an employment or consulting agreement for up to 3 years. 95% of clients either drop off or send data to a secure portal. The remaining 5% met with their preparer in the office. Average charge per return is $400.00 and the Firm uses UltraTax software. 70% of Revenues are from Tax Returns and the remaining 30% from accounting, payroll, and other services. The Sellers own the 4,500 sq ft, free-standing building in which the Business is located. The Real Estate is listed for sale separately for $250,000. The Seller would prefer to sell the Real Estate with the Business but is willing to extend a lease with the new Owner. This listing is eligible for special practitioner SBA financing.
Real Estate
$250kNot Included in Asking Price
Number of EmployeesFull-Time: 9
Reason Selling
Retirement
Facilities & Assets
The 4,500 sq foot, free-standing office building is for sale or lease.
Support & Training
Seller will train new owner and is willing to stay on as a salaried employee
Financing Options
Seller financing is available.Seller will finance a small portion of the sale.
Asking Price$650k