CONNECTICUT

Stratford, Connecticut Practice Fact Sheet

Supplied by New Clients, Inc.

Gross Revenue:
$500,000

Net Profit:
$252,084 with Owner addbacks

Purchase Price:
$500,000 – Financing available to qualified applicants. Various programs available. Call for details.

Year Established:
2020

Accounting, bookkeeping, Compilations:
Monthly Clients: 36 Average Fee: $361 Total: $ 157,000
Income Tax:
Individuals: 500 Avg Fee: $408 Total: $204,000
Businesses: 100 Avg Fee: $875 Total: $87,600
Other Services:
Personal property tax & Incorporation and other services Total: $ 24,000
Computer Software:
Thompson Reuters

General description of clientele:
Small business clients. General contractors, a few liquor stores, mom and pop shops.

Description of area:
Stratford, CT is situated on Long Island Sound.

Other information:
Monthly fees are drafted monthly on the 15th of each month from clients checking account. All tax services are C.O.D. We have no receivables. Bookkeeping work is done by GKM.

Seller is requesting the following additional information from buyer can be downloaded from our website www.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:
Dennis Wochok
Practice Sales Specialist