Tupelo Data Room
Accounting & Tax Practices
Active

CPA Firm - Minneapolis

Minnesota, United States
Asking Price$655k
Revenue$655k
EBITDA-
Cash Flow$260k
Description
Public Accounting business located in Minneapolis. Business was established 30 years ago, with the current owners (2) for past 25 years. Last tax season they did approximately 1025 tax returns, (900 individual and 125 business returns). The business has 30 payroll accounts, and 10 bookkeeping accounts. In addition, the practice provides a full range of services, including 5 audits (2 single) and attestation services, business consulting, financial and retirement planning, estate and trust planning and IRS representation. The business uses Lacerte Tax software. For the accounting and bookkeeping they use Quick books and for Audits, Advance Flow. They provide online services to their clients to assist with the tax process and financial decision making.
Real Estate
Owned
Inventory
Included in Asking Price
Number of EmployeesFull-Time: 6
Year Established
1994
Reason Selling
Health/Retirement
Facilities & Assets
The business operates in 4000 square feet in a free-standing building. The seller owns the building and property, a buyer can lease or purchase the building. This business is not location dependent and can be moved.
Asking Price$655k