MINNESOTA

Absentee/Remote Ownership Opportunity - Asking Price: $1,300,000

Cash Flow: $350,000

This is a well established firm with over $830,000 in annual revenue. Revenue for 2021 expected to be greater than $1,000,000. The client base is focused on small-to-medium sized businesses and high net worth individuals. Services are very balanced with 20% being monthly accounting and advisory services and 80% being derived from tax planning and tax return preparation. Monthly accounting is a growing part of the practice. Firm can be managed remotely and all information and work is virtualized although offices are still maintained. Great leadership team in place!

Key Points:

Employees: 5

Furniture, Fixtures, & Equipment (FF&E):Included in asking price

Facilities: Excellent office facilities with building available for sale separately if desired.

Competition: The market is excellent for growth and the firm has implemented marketing strategies that put the firm on a path to consistent growth every year.

Growth & Expansion: The firm is growing rapidly, but the systems were built from the ground up to scale with the growth. New clients are added every week and the system in place keeps up with their services.

Financing: Subject to bank requirements. We can connect you to the top industry lender.

Support & Training: The firm uses an outsourced management team and transition assistance will be available for as long as needed or assistance to transition into absentee or remote ownership.

Reason for Selling: Moving and focusing on other ventures.