Seller's Contact Information
- RE: Northern MN Tax & Accounting Business - $140,00...
- Contact: Sunbelt Business Advisors
Quick Facts
Asking Price: | $100,000 | |
Annual Revenue: | $140,109 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1999 | |
Employees: | 3 | |
BBN Listing #: | 98864538 | |
Broker Reference #: | MINNEMN003-52917 |
Business Overview:
Well established tax and accounting firm for sale in Northern MN that specializes in tax preparation, bookkeeping, payroll, and advisory services. On average, the firm collects around $305/individual return and $950/business return, which makes up 70% of the revenue. 30% of the revenue is from bookkeeping and payroll services. Most of the clients reside in Northern MN; however, the Seller lives in the Twin Cities Metro area and handles most clients remotely. Rent is on a month-to-month basis, so it is not required a Buyer stay at the current location. Approximately 80% of the client work is done remotely, 20% prefer to meet at the office. The Seller is not available to work in the business but will be available for questions and assistance to ensure a smooth transition. This is a great opportunity for an accountant with 5 experience or another firm looking to scale their practice. Sunbelt Listing ID: 52917
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Reason for Selling:
Other opportunities
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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