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Tax Preparation and Consulting for sale in MN

Minnesota (MN)

Asking Price: Gross: Cash Flow:
$ 290,000 $ 289,259 $ 202,175

Furniture and Fixtures Value:
$ 10,000 (included in the asking price)

Inventory Value:
(not included in the asking price)

Real Estate:
(not included in the asking price)

Business Summary:
Growing year over year for the last 4 years and profitable, personal and business tax preparation and consulting business. Tax prep is the main source of revenue for the business. Some business consulting and accounting services including a review of small business quarterly and yearly business activities. 1,600 individual returns and around 20 business returns. 90 percent of annual revenues from tax return preparation. About 50 returns from outside Minnesota.

 

   
Year Business was Established: 2013
   
Facilities / Terms of Lease: Business operates from a rented office space with 4 offices. The location is in the area of the majority of the clients serviced.  
   
Potential Growth/Expansion: Owner estimates he turned down preparing hundreds of returns in 2023, so there is room to grow.  
   
Competition: Normal level of competition.  
   
Owner willing to train: Will train for 2 weeks @ $0 cost.  
   
Reason for selling: Pursue other opportunities.  
   
Seller Reference Number: 5101-17938
BusinessMart.com Listing Number: 302183
 

 

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For more info contact:

Evelyn Correa

Murphy Business & Financial Services
727-725-7090

CONTACT SELLER

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