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CALIFORNIA
Ref Location Annual Gross $ Status Private sale/Name of broker
3148 Downey $1,150,737 New New Clients Inc.

Downey, California, Practice Fact Sheet

PRACTICE FACT SHEET: Downey, CA
Supplied by New Clients, Inc.

Purchase Price: $1,250,000 – Financing available to qualified applicants. Various programs available. Call for details.

Net Profit: Approximately $250,000

Year Established: 1969

ACCOUNTING, BOOKKEEPING, COMPILATIONS
Monthly Clients: 48, Avg Fee: $274, Total: $157,936
Quarterly Clients: 23, Avg Fee: $459, Total: $126,600
Annual Clients: 174, Avg Fee: $825, Total: $143,550

Income Tax:
Individuals: 692, Avg Fee: $ 306, Total: $211,536
Businesses: 167, Avg Fee: $1,979, Total: $330,443
Other: 88, Avg Fee: $1,387, Total: $122,040

Audits and Reviews:
Manufacturer Total: $ 24,430
2 401K Audits Total: $ 13,100
Reviews Total: $ 21,102

Total Gross Income: $1,150,737

Full-time Employees: 8
Part-time Employees: 1

Computer Software: Lacerte, BNA, Accounts CS, Quickbooks, Excel, Word and Outlook

Description of clientele: There are wide variety of industries, mostly small- to medium-sized business with a few exceptions. Large restaurant chain and equipment manufacturing and sales are a few of the larger clients.

Description of Area: The Downey area is adjacent to a majority of southeast Los Angeles County and provides for a convenient location for clients to travel to from all parts of the county due to the proximity to various freeways that cross through Downey. Small and medium sized businesses thrive in the area with the local areas pro business climate.

Seller is requesting the following additional information from buyer, visit our website www.newclientsinc.com to download these forms:

Confidentiality Agreement

Financial Statement

Interested Parties Should Contact:
Bruce Clark
1-856-304-1035
E-mail: bruce@newclientsinc.com

Once the above items are provided to NCI, I will arrange a mutually convenient time to view this practice. Any questions, please call.

Sincerely,

Bruce Clark, CEO
Author, NCI Effect, Explosive Client Growth Plan for Accountants and CPAs
Beyond the NCI Effect, Sales Strategies That Matter to Grow an Accounting Practice
Author of the ebook, The Seven Secrets to Selling Your Practice on Your Terms

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