Accounting Firm
Location Minnesota,United States
Asking Price Range $250K - $500K
Gross Revenues $168809
Net Profit / Cash Flow $95814
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1974
Number of Employees 1 - 3
Inventory 19300
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Reason for Sale Retirement.
Description This accounting office in Todd County, Minn., started in 1974 with no customers and now has more than 650 clients. It handles all accounting functions, such as auditing, bookkeeping, taxes, and payroll. It has very little competition and a great reputation for its strong service. With 32 years in the area, the business has deep ties to the community and enjoys an unprecedented number of repeat, loyal customers. It does little advertising and gets new customers through referrals. A new owner could expand the already profitable business by adding more staff and doing more marketing.
The office is located in a 676-sq-ft wood frame building on a 30,000-sq-ft lot on a state highway. The building has electric heat and two storage sheds. The site has room for building additions. It has great roadside visibility and plenty of parking. The site has easy access to surrounding communities. The area has a strong school district and numerous recreational opportunities, such as fishing, hunting, hiking and snowmobiling. The city is less than an hour from St. Cloud and Alexandria and less than two hours from Minneapolis.
The owner would be willing to stay on for up to two years following the business sale to facilitate a smooth transition. Contact for more information on this Accounting Firm for sale.
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