Profitable CPA Firm Ready for New Owner in [City, State]

Featured on BusinessForSale.com . 7 viewed

Asking Price

$3,250,000

FOR SALE - ACTIVE

Detailed Information

Location

Minnesota, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

Show more info

Business Description

This profitable CPA firm, with a seasoned team of over 10 employees, is ready for a new owner to take over its well-established business. In the most recent year, the firm achieved over $2.5 million in revenue, with diverse revenue streams from individual tax returns, business and estate returns, bookkeeping, as well as other services like attest work and consulting. The firm's CPA partners, though at different career stages, are committed to ensuring a smooth transition for the new owner. Additionally, the owners offer flexibility with the real estate where the business is situated, providing the option to either purchase or lease the property. A bank appraisal is currently in progress, and the Seller requires 70% cash payment at closing. This opportunity is ideal for an accounting firm or a private equity firm already operating in the industry. With potential for continued growth and a solid foundation in place, this well-rounded CPA firm presents a lucrative investment for the right Buyer.

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