Tax Prep, Accounting, Payroll
Minnesota
| Asking Price: | $550,000 |
| Gross Revenue: | $497,421 |
| Established Year: | 1987 |
| Cash Flow: | $252,461 |
| FF&E: | $9,000 |
Listing ID: 2268733Listing provided by BizBuySell
BUSINESS DESCRIPTION
Tax Prep, Accounting, Payroll
Successful and reputable, long-standing tax prep and accounting business. Annually processing 300 business returns, 900 individual returns, 20 accounting/bookkeeping clients,50 payroll clients and providing consulting within these services. 2024 is showing strong growth and is on pace for over $525,000 in revenue. 95% of returns are Minnesota returns.
DETAILED INFORMATION
Location
Minnesota
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,100
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business operates from a 3,100 square foot downtown office building with ample office, file-room, waiting and parking areas.
Competition
Normal level of competition as the firm is experiencing growth in 2024.
Growth & Expansion
Have been turning down additional clients the past few years. More business for a new owner with additional tax preparers.
Support & Training
Will train for 2 weeks @ $0 cost.
Reason for Selling
Transition to retirement.
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