Itasca County, MN Financial Services Businesses For Sale

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CPA Accounting & Tax Practice
Cash Flow: $236,000
CPA Accounting & Tax Practice

Itasca County, MN

CPA Accounting, and Tax Practice FOR SALE Our Listing # MN 1078 PRACTICE DETAILS Geographic Location: Northern Minnesota Practice Details: CPA owner ready to retire. This firm has a great location and has been in business over 30 years with an excellent area reputation and loyal client base. The practice has had a stable revenue pattern with a nicely balanced revenue stream. The owner is ready to sell, however willing to provide transition support to optimize the client retention for the new owner. Annual Revenue: Gross revenue for 2016 $587,000. . Revenue Breakdown: 25% monthly accounting services 50% personal and business tax preparation 25% payroll and other business services Profitability: Owner’s discretionary cash flow has been stable at 40% of gross revenue. Facilities: Seller owned facility with 3 plus offices and a reception area, Seller will lease or sell to buyer. Furniture and Equipment: Fully equipped with all Office Furniture and all other equipment, networked computers, monitors, copiers, printers etc. included in the price Staff: The experienced and knowledgeable staff have non-competes and will stay on with new buyer. The owner will be available for an extended transition to provide tax season support and transition support to optimize client retention. Software: Accounting: CS Accounting. Tax: UltraTax. Windows 7. Quick Books and other office and billing software. For more information about this opportunity contact: Willow Whitney willow.aps@gmail.com Phone (414) 962-7773 Fax (920) 355 0175

CPA Accounting & Tax Practice
Cash Flow: $134,000
CPA Accounting & Tax Practice

Itasca County, MN

CPA Accounting and Tax Practice FOR SALE Our Listing # MN 1077 PRACTICE DETAILS Geographic Location: Northern Minnesota Practice Details: Very Profitable CPA Accounting and Tax Firm in business over 25 years. This Practice has a consistent revenue growth pattern with an emphasis on tax preparation. Excellent area reputation and loyal client base. Seller ready to sell, however willing to provide transition support to optimize the client retention for the new owner. Annual Revenue: Gross Revenue for 2016 at $279,000. . Revenue Breakdown: 32% Monthly and Quarterly Accounting 66% Tax Prep 2% Other Services Profitability: Owner’s discretionary Cash Flow 48% of Gross Revenue. Facilities: Seller owned facility with 3 Offices, Reception Area, 1 Conference room plus 2 Storage Rooms. Owner will lease or sell to buyer. Furniture and Equipment: Fully equipped with all Office Furniture and all other equipment, networked computers, monitors, copiers, printers etc. included in the Price Staff: The experienced and knowledgeable staff will stay on with Buyer. Owner will be available for transition to provide Tax Season Support and transition support to optimize client retention. Software: Accounting: Quick Books. Tax: Lacerte. Windows XP. Plus other office and billing software. Financing: Owner will provide some Seller Financing. For more information about this opportunity contact: Willow Whitney willow.aps@gmail.com Phone (414) 962-7773


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