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Business For Sale

Very Profitable CPA Practice For Sale Northwest MN

Northwest MN, MN, USA

Services: Financial, Accounting, Insurance

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$650,000
$559,000
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
Not Disclosed
0
16705941

Business for Sale Overview:

Very very profitable CPA Accounting Tax Firm in business over 27 years. Excellent area reputation and loyal client base. Located in a well equipped free standing office building in a growing community. Owners will consider buy-out or merger and employment agreements with extended transition period. Gross Revenue for 2009 at $559,000. Revenue Breakdown: 75% Personal and Business Tax Prep (1040 Average $400) (Business Return Average $ 1200) 25% Accounting, Reviews and other Bookkeeping Services. Owners discretionary Cash Flow exceeded $366,000 in 2009. Facilities: 1350 Sq Foot free standing office building, with 4 offices and 1 reception area. Plus Basement Conference Room, File Storage, food prep area and bathroom. Assumable lease at $2000 per month. Furniture and Equipment: Well equipped Office Furniture and annually upgraded Computer Equipment. The experienced and knowledgeable staff will stay on with new Owner. In addition Owners are open to employment agreements for an extended transition period. Software: LAN in place; ProSystem FX; Pro Series; Quick Books; Easy Acct; Word; Excel and other support software.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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