SOLD
Chippewa County Minnesota Accounting Practice for Sale
Listing #
MN1050
Location
Annual Revenue
$194,200
Asking Price
$200,000
Type
Presented by:
The Weldon Group
800-272-7355
Description:
Practice 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.
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