Tax Preparation
Relocatable, MN Not Disclosed
Eastern Minnesota
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- RE: Tax Preparation
- Contact: Pat Steffl
Quick Facts
| Asking Price: | $150,000 | |
| Annual Revenue: | $144,780 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $68,445 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $10,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2006 | |
| Employees: | 6 | |
| BBN Listing #: | 952461 | |
| Broker Reference #: | 5101-18511 |
Business Overview:
This is consistent and established tax prep practice. This business prepares tax returns for businesses and individuals. 95% of revenues are generated during the tax season. About 60 business or MN property tax returns/reviews, 575 individual returns (1040s) and a handful of 1099 clients. Majority of the clients are from Minnesota other clients from North Dakota. Over half of the clients meet in person for their tax prep needs. Â
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Property Features and Assets:
1,050 square feet office building with 3 offices in a busy location in town. The seller owns the office building and is available for sale or lease, or does not need to be included in the sale.
Assets = $10,000
Market Competition and Expansion:
Increased marketing and hiring additional tax preparers.
Reason for Selling:
Retirement.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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