CALIFORNIA

Oakland, California
Supplied by New Clients, Inc.

Total Gross Income:
$846,458

Net Profit:
$338,400

Purchase Price:
$1,070,000 – Financing available to qualified applicants. Various programs available. Call for details.

Year Established:
1977

Accounting, bookkeeping, Compilations:
Monthly Clients: 20 included with annual clients
Annual Clients: Average Fee: Total: $197,915
Income Tax:
Individuals: 474 Average Fee: $1,060 Total: $431,543
Businesses: 135 Average Fee: $1,500 Total: $199,500
Other Services
Sales tax audits, tax consultation, planning Total:$ 17,500
Full-time Employees:
3 during tax season and 2 off season

Part-time Employees:
2 during tax season and 3 off season

Computer Software:
Lacerte

Description of Area:
Situated in downtown Oakland, Lake Merritt is situated in a mile. IRS building is less than a mile. Bart (Bay Area Rapid Transit) train station is within one short block. Major Oakland downtown include commercial buildings including nearly 2000 new apartment units within walking distance. A 700 unit, 40 story building completed for young professionals in the San Francisco Bay area are potential tax clients.

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.