West Metro CPA Firm – $375+ Revenue
Centrally located, reputable CPA firm for sale that specializes in individual and business tax preparation, payroll, and tax planning. The firm’s average 1040 fee in 2023 was $700 per return, which accounted for about 70% of firm revenue. Average annual fee for business clients was roughly $1,050, generating slightly over 12% of the firm’s revenue. Tax planning and miscellaneous services averaged $560 per client, contributing 9% of the firm’s revenue. After-the-fact payroll services for 21 clients earned $30,000, 8% of the firm’s revenue.
The ideal buyer is a CPA or EA with five or more years of experience in a management or ownership role, or a CPA firm or Wealth Manager seeking to scale their business and increase its client base.
Interested buyers should have access to approximately $73,500 in capital for the down payment.
Sunbelt Listing ID: 56147
- Listing ID:
- 56147
- Industry:
- Accounting Practices
- Location:
- Minnesota
- Revenue:
- $376,754
- Business Price:
- $490,000
- Down Payment:
- $73,500
- SDE (Cash Flow):
- $287,725
- Real Estate for Sale:
- No
- Listing Agent:
- Matt Sobieski
- Inventory included in sale:
- Yes
- Inventory Value:
- $0
- Years in Business:
- 20+ years
- Is this a franchise:
- No
- Employees (Part-Time):
- 3
- Reason for selling:
- Retirement
- SBA Financing Available:
- Yes