ALABAMA

Montgomery, Alabama
Supplied by New Clients, Inc.

Total Gross Income:
$1,098,015

Net Profit:
$280,000 estimated (including owner add backs)

Purchase Price:
$1.1 million – Financing available to qualified applicants. Various programs available. Call for details.

Year Established:
1979

Accounting, bookkeeping, Compilations:
Monthly Clients: 75 Avg Fee: 10,174 Total: $763,110
Income Tax:
Individuals: 413
Businesses: 89
Other: 990 & 1041: 28
Total: Total: $330,050
Other Services
Consulting Total: $ 4,855
Full-time Employees:
5

Part-time Employees:
5

Computer Software:
Ultra Tax, Xero Accounting, XPM Project Management, Doc.it Document management.

Description of Clientele:
Small to medium businesses, primarily service businesses. Churches, restaurants, many S Corps with 1-2 owners, many located outside our geographic area. Office in Bham, AL (100 miles north) growing tax and accounting clients.

Description of Area:
Montgomery is the capital of Alabama. Montgomery has Hyundai Motor Company plant and dozens of related suppliers that have fueled the local economy. We have an active Chamber of Commerce, Maxwell Air Force Base and Gunner Air Force Base. Every officer in the Air Force comes to schools at these bases at least twice in their career. Climate and cost of living make Montgomery a desirable retirement location.

Other Information:
We would offer as a package our sister company which was started 2014 and offers network solutions, managed services, low voltage camera installation and maintenance and VOIP phone systems.

Sales:

2021 $499,764
2022 $750,357
2023 $950,000 projected

5 FT employees, no debt

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.