Tax Prep/Planning, Payroll, Bookkeeping, Acct.

Not Disclosed, MN

Asking Price: Annual Revenue:
$165,000 $193,358

Services: Financial, Accounting, Insurance

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RE: Tax Prep/Planning, Payroll, Bookkeeping, Acct. Broker: Pat Steffl

Quick Facts

Asking Price: $165,000
Annual Revenue: $193,358
Net Profit: Not Disclosed
Cash Flow: $73,914
Total Debt: Not Disclosed
FF&E: $5,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 2
BBN Listing #: 8844955
Broker Reference #: 5101-16732

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Business Overview:

Northwest metro tax practice providing tax prep services for about 60 businesses and 700 individuals. The business also has over 20 bookkeeping/payroll clients and provides Quickbooks services. The vast majority of clients are in the northwest metro with a 25+ client not in MN. During non-COVID years about 70% of clients meet in person, 15% drop off information, and 15% will email the information. There are some growth areas that could be pursued by the new owner. Owner is open to seller financing if the terms are acceptable to both parties.

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Property Features and Assets:

The business leases a 200 square feet office building in the northwest metro on a major roadway. Assets = $5,000.

Market Competition and Expansion:

Normal level of competition for tax prep services. Small business tax returns and increased marketing for the business services.

Reason for Selling:

Transition to retirement.

Additional Details:

  • The property is leased.
  • The owner is 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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