West Metro CPA Firm – $375+ Revenue

Minnesota
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Asking Price:$490,000
Gross Revenue:$376,754
Established Year:1993
Cash Flow:$287,725
Rent:$1,957/Month
BUSINESS DESCRIPTION

Centrally located, reputable CPA firm for sale that specializes in individual and business tax preparation, payroll, and tax planning. The firm’s average 1040 fee in 2023 was $700 per return, which accounted for about 70% of firm revenue. Average annual fee for business clients was roughly $1,050, generating slightly over 12% of the firm’s revenue. Tax planning and miscellaneous services averaged $560 per client, contributing 9% of the firm’s revenue. After the fact payroll services for 21 clients earned $30,000, 8% of the firm’s revenue.

The ideal buyer is a CPA or EA with five or more years of experience in a management or ownership role, or a CPA firm or Wealth Manager seeking to scale their business and increase its client base.

Sunbelt Listing ID: 56147


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
625
Employees
3
Financing
Down Payment of $73,500. SBA Financing Available to a Qualified Buyer.
Reason for Selling
Retirement
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Sunbelt Business Advisors