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- RE: Tax Preparation And Consulting
- Contact: Pat Steffl
Quick Facts
Asking Price: | $290,000 | |
Annual Revenue: | $289,259 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $202,175 | |
Total Debt: | Not Disclosed | |
FF&E: | $10,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2013 | |
Employees: | Not Disclosed | |
BBN Listing #: | 11184955 | |
Broker Reference #: | 5101-17938 |
Business Overview:
Growing year over year for the last 4 years and profitable, personal and business tax preparation and consulting business. Tax prep is the main source of revenue for the business. Some business consulting and accounting services including a review of small business quarterly and yearly business activities. 1,600 individual returns and around 20 business returns. 90 percent of annual revenues from tax return preparation. About 50 returns from outside Minnesota.
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Property Features and Assets:
Business operates from a rented office space with 4 offices. The location is in the area of the majority of the clients serviced. Assets = $10,000
Market Competition and Expansion:
Normal level of competition. Owner estimates he turned down preparing hundreds of returns in 2023, so there is room to grow.
Reason for Selling:
Pursue other opportunities.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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