Seller's Contact Information
- RE: Full-service Accounting Practice In South Dakota
- Contact: Sunbelt
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 #: | 353164538 | |
Broker Reference #: | MINNEMN001-50461 |
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.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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