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Listing Number Location Annual Gross Asking Price Status
MN1050 South Western MN $194,200 $200,000 Sold


Practice details: CPA retiring and selling very profitable tax and accounting practice in Chippewa County, Minnesota.  Revenue nicely split at 56% tax preparation and 44% write up and other business services.  In business since 2000 with excellent area reputation. Owner ready to move on, however, will provide transition support. Growing revenue pattern with 2010 at $194,200.  Revenue breakdown: Personal and business tax prep 56%.  Write up and other business services 44%.  Practice has a Farm and small business market niche. Owner Cash Flow:  62% of Gross revenue in 2010.
Facilities: 700 square feet of office space with 2 Offices, reception area, storage and assumable lease at $515 per month. Furniture and equipment: Fully equipped, all equipment and furniture included in price  Owner will provide transition support. Other Staff available if desired.  Software: Accounting: Quick books, Peachtree.  Tax Prep: Lacerte.  Great opportunity to add profitable business to an existing operation or as a "starter" Practice for the new CPA.

To obtain additional information on this practice go to Request More Information and register with broker. You can also be placed on a free listing notification list. Not all information is included above due to confidentiality concerns. The information is provided by sellers and has not been audited or verified by Accounting Practice Sales, Inc. or any of its independent brokers. Buyers are responsible for their own due diligence before buying any practice. Buying and operating a tax or accounting practice involves a certain amount of risk and requires business experience and professional skills.

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