Business Description
Accounting and Tax business located in the north suburb of Minneapolis. Business was established 50 years ago, with the current owner for the past 24 years. Last tax season they did approximately 900 individual tax returns, and 300 business returns. The business has 37 live payroll accounts, and they did 100 after the fact payroll. In addition, the practice provides a full range of services, trust and estate planning, non-profit returns, and business consulting.
The business uses CCH Prosystems fx tax software.
The owner works this business full time and is a CPA. The owner indicates that the business does little to no marketing and the business has a great reputation providing good customer service.
Business Details
ASKING PRICE: $1,350,000
REASON FOR SALE: Retirement
GROSS SALES: $1,265,516
CASH FLOW: $400,000
FACILITY:
The business operates in 4300 square feet in a free-standing building. The seller owns the building and property, a buyer can lease or purchase the building.
EMPLOYEES: 10
