Northwest Minnesota CPA Firm – $435K+ Revenue
Business Description
Well-established and profitable CPA practice located in Northwest Minnesota. This firm provides comprehensive services including individual and business tax preparation, payroll, bookkeeping, and trust returns. For the trailing twelve months ending April 2025, the practice generated $435,397 in revenue and $172,152 in cash flow.
Revenue is well-diversified across service lines:
• Individual tax returns make up 41% of revenue, with an average fee of $461.
• Business returns account for 18%, averaging $878 per client.
• Payroll services represent 22%, with an average client fee of $1,183.
• Bookkeeping and trust/estate services round out the remaining income with strong per-client averages.
The team includes the owner (a CPA), a full-time office administrator, and two part-time staff focused on tax, bookkeeping, and payroll.
The owner is planning for retirement and is open to a flexible transition period of up to 5 years. This opportunity is ideal for an individual CPA, EA, or an established firm looking to expand their client base and gain the support of an experienced practitioner during the transition.
Interested buyers should have approximately $100,000 in available capital for the down payment.
Sunbelt Listing ID: 57045
Revenue is well-diversified across service lines:
• Individual tax returns make up 41% of revenue, with an average fee of $461.
• Business returns account for 18%, averaging $878 per client.
• Payroll services represent 22%, with an average client fee of $1,183.
• Bookkeeping and trust/estate services round out the remaining income with strong per-client averages.
The team includes the owner (a CPA), a full-time office administrator, and two part-time staff focused on tax, bookkeeping, and payroll.
The owner is planning for retirement and is open to a flexible transition period of up to 5 years. This opportunity is ideal for an individual CPA, EA, or an established firm looking to expand their client base and gain the support of an experienced practitioner during the transition.
Interested buyers should have approximately $100,000 in available capital for the down payment.
Sunbelt Listing ID: 57045
About the Business
- Years in Operation
- 25
- Employees
- 3
- Currently Relocatable
- Yes
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,024
About the Sale
- Seller Motivation
- Transition to Retirement
- Financing Options
- Down Payment of $100,000. Seller Financing.
Listing Info
- ID
- 2371793
- Listing Views
- 717
Listing ID: 2371793 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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