Full-service Accounting Practice in South Dakota

Sioux Falls, SD
Minnehaha County


Asking Price: Annual Revenue:
$240,000 $240,000

Miscellaneous: Non-classifiable


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RE: Full-service Accounting Practice in South Dakota Broker: Sunbelt Business
Owner Financing is Available!

Quick Facts

Asking Price: $240,000
Annual Revenue: $240,000
Net Profit: Not Disclosed
Cash Flow: $42,163
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1995
Employees: 1
BBN Listing #: 681464254
Broker Reference #: MINNEMN001-50461

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Business Overview:

This trusted, full-service accounting practice performs bookkeeping, personal and business tax return preparations, tax planning, payroll processing audit services and start-up consulting. Year-round revenue from an existing client base with 234 individual returns (42% of revenue), 56 business returns (17% of revenue), and 25 bookkeeping clients (22% of revenue) annually. Located in a growing, regional hub city in South Dakota. The majority of the clients reside in South Dakota. Great technology already in place, including ProSeries and QuickBooks. The seller would like to work after the sale for 3-5 years and assist in a smooth transition. Office space is leased with 6 offices. With $50k down, this is a great opportunity for a start-up CPA or an established firm looking to expand. Seller is willing to consider an earnout structure for the sale.

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Reason for Selling:

Semi-retirement

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.

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