CALIFORNIA

San Gabriel Valley, California Practice Fact Sheet
Total Gross Income: $566,547
Net Profit: $180,000 with Owner add-backs
Purchase Price: $675,000 – Financing available to qualified applicants. Various programs available. Call for details.
Year Established: 1999
Accounting, bookkeeping, Compilations:
Quarterly Clients: Var Avg Fee: $ Total: $
Total: 47 Avg Fee: $ 2810 Total: $ 132,070
Income Tax:
Individuals: 1125 Avg Fee: $234 Total: $ 277,280
Businesses: 139 Avg Fee: $880 Total: $ 122,192
Other: Amend Avg Fee: $329 Total: $ 4,275
Audits, Reviews:
IRS Audits: 2 Total: $ 5500
Other Services:
Payroll Clients: 20 Avg Fee: $234 Total: $ 20,990
Incorporations: 5 Avg Fee: $880 Total: $ 4,250
Full-time Employees: 3
Part-time Employees: 1 as needed
Computer Software: Lacerte, EasyAct, QuickBooks, CFS, Smart Vault.
General description of clientele: Numerous family unit clients, long-term accounting and business clients as long as 20+ years. Dental clients – some come from previous owner. 2 small acquisitions – $40k etc. Real family feel.
Description of Area: Located centrally in the San Gabriel Valley of Southern California. Numerous Hispanic and Asian clients that reflect the demographic of the valley. Two staff members are fluent in Spanish. The average age is likely 50 to 60, but numerous young families with two earners with children. Several professional business clients (dentists, doctors, actors, real estate, contractors, etc.).
Other Information:
This practice has a terrific opportunity for the right buyer to take advantage of. They have done no advertising over the past 10 years and have grown by referrals and with the help of Bruce Clark and New Clients, Inc!
Seller is requesting the following additional information from buyer, which can be downloaded from our website; newclientsinc.com
• 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 Bruce Clark using the message form below.