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: | $144,720 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $68,559 | |
| 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 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.
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Property Features and Assets:
1,050 square feet office building with 3 offices in a busy location in town. The real estate owns the office building and it does not need to be included in the sale, but is available for sale or lease if the situation makes sense for both parties.
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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