Tax Preparation and Consulting
Minnesota
| Asking Price: |
Gross: |
Cash Flow: |
| $290,000 |
$289,259 |
$202,175 |
Furniture and Fixtures Value:
$10,000 (included in the asking price)
Inventory Value:
$0 ( not included in the asking price)
Real Estate:
$0 ( 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.
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| Year
Business was Established: 2013 |
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| 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. |
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| Potential
Growth/Expansion:
Owner estimates he turned down preparing hundreds of returns in 2023, so there is room to grow. |
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| Competition:
Normal level of competition. |
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| Owner
willing to train:
Will train for 2 weeks @ $0 cost. |
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| Reason for selling:
Pursue other opportunities. |
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| REQUEST MORE INFO |
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