NEW JERSEY

Turnersville, New Jersey Practice Fact Sheet
Supplied by New Clients, Inc.
Total Gross Income:
$507,500 (This is a partial sale of $250k-$350k of the book of business)

Net Profit:
40% of Gross

Purchase Price:
$583,625 – Financing available to qualified applicants. Various programs available. Call for details.

Year Established:
2000’s

Accounting, bookkeeping, Compilations:
Monthly Clients: 15 Avg Fee: $300 Total: $ 57,000
Income Tax:
Individuals: 850 Avg Fee: $325 Total: $165,000
Businesses: 195 Avg Fee: $1,175 Total: $235,000
Other: 25 Avg Fee: $500 Total: $ 12,500
Other Services
Payroll, sales tax, WC audits Total: $ 38,000
year end reporting (1099s/W-2s, etc.
Full-time Employees:
1

Part-time Employees:
2

Computer Software:
Microsoft Office 365, One Drive, QuickBooks, Q.Boxx, Drake Tax Software, Tax Dome.

Description of Clientele:
Mostly small-mid sized businesses, self-employed, executives, and investors with passive income. Many schedule C’s and E’s.

Description of Area:
2,000 sq. ft. office with waiting room lobby. Front receptionist desk area to greet clients coming in. Two larger offices for accountants. Large conference room converted into four workstations/cubicles for staff. Generous parking lot with wheelchair accessibility and bathroom facilities. Large unfinished basement currently used for storage.

Seller is requesting the following additional information from buyer:
Confidentiality Agreement
Financial Statement
Once the above items are provided to NCI, I will arrange a mutually convenient time to view this practice. Any questions, please call.

Interested Parties Should Contact:
Chris Clark
Practice Sales Specialist
New Clients Inc.